Indiamart Intermesh Shows Trend Reversal Amid Broader Small-Cap Market Gains

Indiamart Intermesh, a midcap player in the IT software industry, has shown significant activity today, gaining 5.35% on April 29, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 2367.55, reflecting a 5.6% increase during the trading session.
In terms of market performance, Indiamart Intermesh has outperformed its sector by 4.86% today. Over the past week, the stock has risen by 3.61%, while its one-month performance stands at an impressive 11.88%. However, it is important to note that the stock has experienced a decline of 10.59% over the past year, contrasting with the Sensex's gain of 7.54% during the same period.

Currently, Indiamart Intermesh's moving averages indicate that it is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. As the broader market sees the Sensex open higher, small-cap stocks are leading the charge, with the BSE Small Cap index gaining 0.38% today.