NSE: INDIAMART | BSE: 542726

Mid-range Performer

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2587.70 34.10 (1.34%)

36.19% Gain from 52W Low

159.2K NSE+BSE Volume

NSE 09 Jul, 2025 3:31 PM (IST)

15,534.5

Market Cap

Below industry Median

1.1

Beta 1Year

High Volatility

IndiaMART InterMESH Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for INDIAMART, BSE:542726 IndiaMART InterMESH Ltd.

IndiaMART InterMESH Ltd.

19 Jan 2024

2587.70

1.34%

Weak supplier addition to weigh on near-term growth

Buy: IndiaMART InterMESH Ltd.

Motilal Oswal

IndiaMART InterMESH Ltd. has gained 30.31% in the last 3 Months

IndiaMART InterMESH Ltd.

19 Jan 2024

2587.70

1.34%

Result Update:Indiamart Inter.

Buy: IndiaMART InterMESH Ltd.

Target

Axis Direct

Given the company's strong growth potential backed by a robust product profile with leading market share and superior execution capabilities, we maintain our BUY recommendation on the stock.

Number of FII/FPI investors decreased from 273 to 263 in Mar 2025 qtr

IndiaMART InterMESH Ltd.

19 Jan 2024

2587.70

1.34%

IndiaMART InterMESH Limited

Sell: IndiaMART InterMESH Ltd.

Target

Keynote Capitals Ltd

Quarterly Update Q3FY24

IndiaMART InterMESH Ltd. is trading above all available SMAs

IndiaMART InterMESH Ltd.

30 Oct 2023

2587.70

1.34%

IndiaMART InterMESH Limited

Sell: IndiaMART InterMESH Ltd.

Target

Keynote Capitals Ltd

Quarterly Update Q2FY24

Number of FII/FPI investors decreased from 273 to 263 in Mar 2025 qtr

IndiaMART InterMESH Ltd.

30 Oct 2023

2587.70

1.34%

Result Update:Indiamart Inter.

Buy: IndiaMART InterMESH Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock and assign a 40x P/E multiple to its FY25E earnings of Rs 90.76/share to arrive at a TP of Rs 3,625/share, implying an upside of 31% from the CMP.

IndiaMART InterMESH Ltd. is trading above all available SMAs

IndiaMART InterMESH Ltd.

29 Oct 2023

2587.70

1.34%

Price-led customer pushback strains Q2FY24

Buy: IndiaMART InterMESH Ltd.

ICICI Securities Limited

In Q2FY24, IndiaMart added ~2K (net adds.) paying subscribers (~4.7K in Q1FY24). This was significantly lower than expectations (I-Sec est.: 5.5K) and management outlook shared in Q1FY24 conference call. The shortfall was attributed to muted gross additions in response to price hikes taken in May’23.

IndiaMART InterMESH Ltd. is trading above all available SMAs

IndiaMART InterMESH Ltd.

29 Jul 2023

2587.70

1.34%

Pick of the Week:31 JULY 2023

Buy: IndiaMART InterMESH Ltd.

Target

Axis Direct

Recommendation: We recommend a BUY with TP of Rs. 3,430/share, implying an upside of 11% from the CMP.

IndiaMART InterMESH Ltd. has gained 30.31% in the last 3 Months

IndiaMART InterMESH Ltd.

24 Jul 2023

2587.70

1.34%

IndiaMART InterMESH Limited

Sell: IndiaMART InterMESH Ltd.

Keynote Capitals Ltd

Quarterly Update Q1FY24

IndiaMART InterMESH .. has an average target of 3022.25 from 4 brokers.

IndiaMART InterMESH Ltd.

24 Jul 2023

2587.70

1.34%

Result Update:Indiamart Inter.

Buy: IndiaMART InterMESH Ltd.

Axis Direct

Given the company's strong growth potential backed by a robust product profile with leading market share and superior execution capabilities, we maintain our BUY recommendation on the stock

IndiaMART InterMESH Ltd. has gained 30.31% in the last 3 Months

IndiaMART InterMESH Ltd.

21 Jul 2023

2587.70

1.34%

Mixed Q1 result; near term margin guidance key to watch out

Buy: IndiaMART InterMESH Ltd.

ICICI Securities Limited

IndiaMART’s strong revenue growth trajectory was maintained in Q1FY24 with ~26% YoY revenue growth. However, new subscriber addition was significantly lower than expectations (4,993 vs I-Sec. est. of 8,000). Our channel checks indicate >10% price increases were taken in base packages (price sensitive) mid-Q1FY24.

IndiaMART InterMESH .. has an average target of 3022.25 from 4 brokers.

VOTE: Is IndiaMART InterMESH Ltd. worth buying?

176 Votes:

Buy 78.98%

Sell 12.5%

Hold 8.52%

RESEARCH REPORTS

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Buy SEE REPORTS >

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