The market is expected to remain rangebound until it decisively surpasses last Thursday's high. Below are some short-term trading ideas to consider.
ICICI Securities recommended hold rating on IndiaMart InterMesh with a target price of Rs 2580 in its research report dated July 20, 2025.
Stocks to Watch, 21 July: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, JSW Steel, IDFC First Bank, Dr Reddy's Laboratories, IRCON International, Sona BLW Precision Forgings, Anthem Biosciences, and Spunweb Nonwoven will be in focus on July 21.
The market is expected to see further consolidation with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
Nuvama said that a new demand cycle for IndiaMART will start with improvement in traffic and unique business enquiry followed by rise in net subscriber additions.
Stocks to Watch, 17 June: Stocks like NTPC, Godrej Properties, Axiscades Technologies, Zee Entertainment Enterprises, Tanla Platforms, ICICI Bank, IndiaMART InterMESH, Tata Consultancy Services, HCL Technologies, Mastek, Biocon, Vishal Mega Mart, Jainik Power Cables, Hindustan Zinc, and Shankara Building Products will be in focus on June 17.
Stocks to watch, 30 Apr: Stocks like Bajaj Finserv, Bharat Petroleum Corporation, Jana Small Finance Bank, UTI Asset Management Company, Star Health, Ceat, Shoppers Stop, CIE Automotive India, Praj Industries, Indostar Capital Finance, Fedbank Financial Services, and State Bank of India will be in focus on April 30.
The management’s guidance of sub-10 percent growth in collections for upcoming quarters and the absence of meaningful improvement in subscriber retention are expected to keep medium-term growth under pressure
Stocks To Watch, Jan 22: Stocks like Tata Technologies, Jana Small Finance Bank, KEI Industries, Rossari Biotech, Tanla Platforms, PNB Housing Finance, JK Tyre and Industries, Neuland Laboratories, Aditya Birla Fashion and Retail, Sobha, and Rikhav Securities will be in focus on January 22.
IndiaMART reported a total expense of Rs 226 crore in Q3. This marks a decline of nearly 2 percent from the Rs 230 crore expenses reported in Q3 of FY 24.
Benchmark indices Nifty and Sensex traded firmly in the positive in the afternoon on January 7 after gains in metal, pharma and oil and gas stocks lifted sentiment following a two-day rout on the exchanges. Here’s a look at the top gainers and losers in trade today.
Anand Rathi is bullish on IndiaMart InterMesh has recommended buy rating on the stock with a target price of Rs 3100 in its research report dated October 21, 2024.
Jefferies forecasts collections growth to range between 10-15 percent unless subscriber additions improve
UPL, Kirloskar Brothers, ICICI Prudential Life Insurance Company, SBI Cards and Payment Services, Aditya Birla Capital, Wipro, and IndiaMART InterMESH will also be in focus on August 28.
IndiaMART's collections from customer rose 14 percent to Rs 366 crore, primarily comprising of standalone collections of Rs 341 crore.