IndiaMART shares plummeted 16% following downgrades after the release of their Q2 results, which raised concerns about the near-term outlook.

Daily Morning News

Oct 21,2024

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.

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IndiaMART shares plummeted 16% following downgrades after the release of their Q2 results, which raised concerns about the near-term outlook.

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.