IndiaMART shares plummeted 16% following downgrades after the release of their Q2 results, which raised concerns about the near-term outlook.
Oct 21,2024
Share
Among the 21 analysts covering IndiaMART, eight have assigned a "buy" rating, four recommend a "hold," and nine suggest a "sell" on the stock.
On Monday, October 21, shares of IndiaMART InterMESH Ltd. dropped as much as 15% after the company announced its results on Saturday, prompting a cautious assessment from analysts.
IndiaMART shares plummeted 16% following downgrades after the release of their Q2 results, which raised concerns about the near-term outlook.
Oct 21,2024
Share
Among the 21 analysts covering IndiaMART, eight have assigned a "buy" rating, four recommend a "hold," and nine suggest a "sell" on the stock.
On Monday, October 21, shares of IndiaMART InterMESH Ltd. dropped as much as 15% after the company announced its results on Saturday, prompting a cautious assessment from analysts.
