IndiaMART Shares Hit Fresh 52-Week Low At INR 1,980.50

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SUMMARY

Shares of IndiaMART InterMESH fell over 1% to hit a fresh 52-week low of INR 1,980.50 apiece on the BSE on February 25

The stock has been under pressure since the company reported weaker-than-expected Q3 FY25 earnings

Brokerage Nomura downgraded the stock to ‘reduce’ from ‘neutral’ while cutting the target price to INR 1,900 from INR 3,150

Shares of IndiaMART InterMESH fell over 1% in early trade today (February 25) to hit a fresh 52-week low of INR 1,980.50 apiece on the BSE. The stock has tanked over 12%…



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IndiaMART Shares Hit Fresh 52-Week Low At INR 1,980.50


SUMMARY

Shares of IndiaMART InterMESH fell over 1% to hit a fresh 52-week low of INR 1,980.50 apiece on the BSE on February 25

The stock has been under pressure since the company reported weaker-than-expected Q3 FY25 earnings

Brokerage Nomura downgraded the stock to ‘reduce’ from ‘neutral’ while cutting the target price to INR 1,900 from INR 3,150

Shares of IndiaMART InterMESH fell over 1% in early trade today (February 25) to hit a fresh 52-week low of INR 1,980.50 apiece on the BSE. The stock has tanked over 12%…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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