As of October 21, 2024, Indiamart Intermesh Ltd. shares are trading at approximately ₹3,013.15 on the NSE and ₹3,011.40 on the BSE. The company boasts a market capitalization of around ₹18,073 crores and a P/E ratio of 42. Analysts project an Indiamart share price target of ₹3,200 for 2024, with ambitious long-term targets reaching up to ₹4,800 by 2030. The company has demonstrated impressive financial performance, reporting an annual revenue increase of 21% and maintaining a strong operating margin of 41%. If you’re looking to understand how to analyze stocks like Indiamart or even better, visit GRM IIT for expert guidance in trading and investment analysis.
Current Indiamart Share Price
- NSE Price: ₹3,013.15
- BSE Price: ₹3,011.40
- Market Capitalization: ₹18,073 crores
- P/E Ratio: 42
The current Indiamart share price reflects strong investor demand, signaling confidence in the company’s growth potential. For the latest updates, investors can utilize platforms that provide an Indiamart share price screener to stay informed.
Indiamart Share Price History
52-Week Indiamart Share Price Range
- High: ₹3,319
- Low: ₹2,229
The Indiamart share price history showcases significant fluctuations, with a notable increase over the past year. This rise illustrates the growing investor interest and confidence in the company. To get a visual representation of the stock’s movements, refer to the Indiamart share price chart, which displays the trends over the past months.
Price Targets for Indiamart Share Price
Indiamart Share Price Target
Short-Term Indiamart Share Price Targets
- 2024 Target: ₹3,200
- 2025 Target: ₹3,500
Long-Term Indiamart Share Price Targets
- 2026 Target: ₹3,800
- 2027 Target: ₹4,000
- 2028 Target: ₹4,200
- 2029 Target: ₹4,500
- 2030 Target: ₹4,800
These Indiamart share price targets are based on analysts’ projections of sustained growth in the e-commerce sector and Indiamart’s expanding market presence. Investors should keep a close eye on the Indiamart share price target 2024, as it reflects immediate growth expectations, while long-term targets suggest even greater potential.
Company Overview: Indiamart
Indiamart is recognized as India’s largest online B2B marketplace, connecting buyers with suppliers across diverse industries. The company enhances the visibility of small and medium enterprises (SMEs) in the digital marketplace, which is crucial for economic growth.
Indiamart Financial Highlights
- Operating Revenue (TTM): ₹1,246 crores
- Annual Revenue Growth: 21%
- Pre-tax Margin: 41%
- Return on Equity (ROE): 19.24%
Indiamart maintains a robust balance sheet characterized by low debt levels and stable cash flows, contributing to its long-term viability and attractiveness for investors.
Recent Indiamart Share News
Indiamart recently reported a 37% year-on-year rise in consolidated net profit for Q1 FY25, showcasing its strong operational performance. The company continues to invest in technology and marketing to enhance user experience and expand its customer base. This positive news typically impacts the Indiamart share price, reflecting market confidence in the company’s future prospects. Investors can stay updated with the latest Indiamart share news to assess any factors that may influence the stock’s performance.
Conclusion
Indiamart Intermesh Ltd. presents a compelling investment opportunity, especially for those interested in the e-commerce sector. With solid financial performance and optimistic growth projections, it is well-positioned for future success.
If you are keen on investing in stocks like Indiamart and want to understand how to analyze them effectively, visit GRM IIT for expert guidance. Our resources are designed to help you navigate the complexities of financial markets.
Create Your Demat Account
To start your investment journey, click the button below to create your Demat account with GRM Bulls, where we provide comprehensive financial services and assistance:
Additionally, if you want to learn trading and investment analysis, visit our website at GRM IIT or check out our YouTube channel for free resources. We offer both free and paid content to help you master the art of trading and analysis.
