indiamart share price target There is an upside potential of Rs 2000-2100 against the current levels of around Rs 7100. Selecting Graphite India as short term pick, Takkar says buy over the stock with a stop loss of Rs 635 against target of Rs 753. This will likely increase to Rs 10,200 over a period of twelve months.
The stock is trading at a forward P/E of 58x, after the stock price fell 17% to 17,124 in recent weeks. The shares are currently trading close to the target price of Rs 8,500 per share. Motilal Oswal confirmed buying the stock with a target price of Rs 5,830 on strong fundamentals and operating profit.
indiamart share price target 2022
The broker added that the company’s traffic and commercial requests grew by 38% and 56% respectively from pre-COVID levels, giving the company confidence to maintain the current momentum. Thanks to the growth of the market, the company has been able to increase the number of paid merchants with a CAGR of 15% over the last three years.
The company reported net income after tax of Rs 89.40 in the most recent quarter. The company reported net income after tax of Rs 89.40 in the most recent quarter. With subsequent purchases in price amounts, auctions and flag changes, as on December 30, 2020, promoters held 52% shares of the company, while FII held 24.8%, DII 5% and public and others 18.2 per hundred. Shares of the company rose 732% to Rs 8,095 from the issue price of Rs 973. The development shows that investors who bought Indiamart Intermesh for Rs 14,595 made a profit of over 1 lakh.
Shares of Intermesh continued its gains on Monday, climbing over 6% at Rs 8,630 on the National Stock Exchange (NSE). Sellers dominated the stock market this month and may continue to dominate for the next few days.
There has been a drop in price this week, but not a significant increase in volume. There has been an increase in price this month, but not a significant increase in volume. The short-term volume weighted average price (VWAP) is 7,597.48 and Indiamart is trading below that level.
Technical analysis of IndiaMart shares based on volume is negative. Indiamart Stock Price Forecast for Day and Tomorrow – Using the MACD Indicator Take a look at the Indiamart Stock Price Forecast using the MACD Indicator to see if you should buy, sell or hold those shares to trade. Indiamart Stock Price Prediction or Target – Using Camarilla Equation View intraday, tomorrow and short term forecast of Indiamart stock price using Camarilla Equation.
Indiamart share price target 2022, 2023, 2024, 2025 and 2030
Get daily intraday stock price prediction and your Indiamart stock price target for tomorrow’s Indiamart short term trading and long term investment.
Also, discover Indiamart forecasts offered by the best intraday indicators for short and long term investments.
The data is provided for informational purposes only and is not intended for commercial purposes. The data and information are for informational purposes only and are not intended for commercial purposes.
The views and recommendations given above are those of an individual analyst or brokerage firm and not that of Mint. The investment advice provided is the sole individual view of the research team.
At this time, INDIAMART Stock Council is for daily and intraday use only and has nothing to do with stock market fundamentals or news. Therefore, Fusion Media is not responsible for any commercial loss that you may incur as a result of your use of this data.
According to Graham’s internal equation, if the current stock price is undervalued, you should invest in stocks. The price-to-earnings ratio (or price-to-earnings ratio) is one of the most commonly used valuation methods for stock market investors. It is calculated by dividing the company’s price per share by its earnings per share.
The above targets for a stock’s price are based on price movements and chart levels at which the stock has shown significant price action. The time period indicated by the analyst is Intraday period during which Indiamart Intermesh Ltd price may attain a specific target.
We started hedging Indiamart with a buy rating and target price of INR 9,400 based on an EV/EBITDA (Implicit DCF) of 58x and an average multiplier of 1.4x, based on quarterly growth/margin indicators, high quality Under the franchise. rights, light weight business model asset support…, negative working capital, stable cash generation (154% OCF/EBITDA) and 58% RoE (adjusted by QIP in FY21).
Indiamart is in a favorable position in the digital wave of small, medium and micro enterprises (accelerated by the pandemic) due to its strong network influence, robust technology platform and excellent execution capabilities.
Dinesh Agarwal, Managing Director and CEO of IndiaMart Intermesh, said in an interview with The Indian Businessline that he is keen to raise minority equity or strategic investments or directly acquire payments platforms or companies related to debt, order and accounting management and accounting.
Inventory Software. Anand Rathi Shares & Stock Brokers was rated as buy on Indiamart Intermesh with a target price of Rs 9,200.
The long-term ambition for the biosimilar is a turn in the right direction, said Yes Securities, offering a target price of Rs 4,925.
Based on our forecasts, the share price for 2026-11-13 is expected to grow long term with forecast for “542726” is Rs 15324.00. At this level, they trade at a 0.00 to 5.81% discount to the analyst’s agreed price target.
However, we believe in key fundamental developments: b) the need for buyers outside the cycle; c) strong network effect; d) market share of more than 70% in the base industry; e) Possibility of increasing ARPU. Due to low sensitivity to price, and e) high operating leverage.
IML RFQ or RFQ, Indiamart generates revenue from the sale of subscription packages, from the sale of desktop ads, mobile optimized platforms and revenue from payment convenience services.
- DMart Share Price Target 2022, 2023, 2024, 2025 and 2030
- Effle India Share Price Targets 2022, 2023, 2024, 2025 and 2030
- 3i Infotech Share Price Targets 2022, 2023, 2024, 2025 and 2030
- NHPC Share Price Targets 2022, 2023, 2024, 2025 and 2030
- Devyani International Share Price Targets 2022, 2023, 2024, 2025 and 2030
- RCom Share Price Target 2022, 2023, 2025, 2030
- PayPal Share Price Targets 2022, 2023, 2024, 2025 and 2030
- Tech Mahindra Share Price Target 2022, 2023, 2024, 2025, 2030
- ITC Share Price Targets 2022, 2023, 2024, 2025 and 2030
- Maruti Share Price Target 2022, 2023, 2024, 2025, 2030
- Tata Power Share Price Target 2022, 2023, 2024, 2025, 2030
- Yes Bank share price target 2022, 2023, 2024, 2025 and 2030
- SBI Share Price Target, Forecast & Prediction 2022, 2023, 2024, 2025 and 2030
- Shiba Inu Price Targets 2022, 2023, 2024, 2025 and 2030
- Kotak Mahindra Bank Share Price Targets 2022, 2023, 2024, 2025 and 2030
- Bandhan Bank Share Price Target 2022, 2023, 2024, 2025 and 2030
- Axis Bank Share Price Targets 2022, 2023, 2024, 2025 and 2030
- Adani Power Share Price Target 2022, 2023, 2025, 2030
- Tarson Share Price Targets 2022, 2023, 2024, 2025 and 2030
- Sensex Share Price Targets 2022, 2023, 2024, 2025 and 2030