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Is IndiaMART good stock to buy?
Earnings Trend: INDIAMART has become profitable over the past 5 years, growing earnings by 50.7\% per year. Accelerating Growth: INDIAMART’s earnings growth over the past year (22.3\%) is below its 5-year average (50.7\% per year).
What is the future of IndiaMART?
Indiamart Intermesh Ltd. quote is equal to 7150.800 INR at 2021-12-16. Based on our forecasts, a long-term increase is expected, the “542726” stock price prognosis for 2026-12-11 is 10058.00 INR. With a 5-year investment, the revenue is expected to be around +40.66\%.
Why is IndiaMART going up?
IndiaMart has been gaining from it since then. A business model that allows buyers and sellers to interact and cash in on their product needs — without physical contact — has allowed IndiaMart to garner the interest of more customers and get confidence of retail investors amidst the pandemic.
IndiaMART is India’s largest online B2B marketplace, connecting buyers with suppliers. With 60\% market share of the online B2B Classified space in India, the channel focuses on providing a platform to Small & Medium Enterprises (SMEs), Large Enterprises as well as individuals.
Is IndiaMART a listed company?
IndiaMART was the first company to test the IPO market in the Modi Government’s Second tenure….IndiaMART.
| Type | Publicly traded |
|---|---|
| Traded as | BSE: 542726 NSE: INDIAMART |
| ISIN | INE933S01016 |
| Industry | Internet Marketing B2B Marketplace |
| Founded | 1996 |
Is IndiaMART debt free?
IndiaMART is debt-free with cash and equivalents of nearly Rs 700 crore.
What happened to IndiaMART?
For the year ended March 31, 2021, Indiamart Intermesh posted a 90 per cent increase in consolidated net profit to Rs 280 crore compared to Rs 147 crore in 2019-20. Total income of the company increased by 7 per cent to Rs 756 crore in 2020-21 from Rs 707 crore in the preceding fiscal.
Who is the competitor of IndiaMART?
IndiaMart growth in subscribers over 2016-2019 Some of its competitors are TradeIndia.com, Alibaba India and ExportersIndia.com.
How safe is IndiaMART?
Yes, the transactions made via Pay with IndiaMART are secure with 256-bit encryption technology. Buyer/Seller online transaction on Pay with IndiaMART is protected with the highest levels of transaction security currently available on the Internet.
Why to invest in indindiamart?
Indiamart Intermesh cash cow Safe asset light operating model with multiple moats because in b2b marketplaces its winner take it all can atleast hold for a test of the previous all time high . Link to previous idea has been provided below hoping to add more value to your journey as a shareholder
Is IndiaMART a good buy at 8550?
NSE:INDIAMART has been consolidating for the last few days after a good rally. It’s still in good shape. 8550 is good support. Buy above 9000 Target 9400 / 9900 Stoploss 8600 IndiaMart has good momemtum and looks bullish as per charts
How is IndiaMART InterMESH Ltd doing in the last 2 years?
IndiaMART InterMESH Ltd… In the last 2 years, only 5.51 \% trading sessions saw intraday gains higher than 5 \% . Company has no debt since last 5 years. (Source: Consolidated Financials) Company has spent less than 1\% of its operating revenues towards interest expenses and 30.65\% towards employee cost in the year ending Mar 31, 2021.
Is NSE IndiaMART still strong?
NSE:INDIAMART took support around 8550 levels and buying came from there. It seems still strong. What a move in NSE:INDIAMART today. More than 7\%. It has been able to break it’s 8550 levels decisively with good volumes.