Indiamart Intermesh Hits 52-Week Low Amid Sustained Market Underperformance

Feb 24 2025 09:36 AM IST
share
Share Via
Indiamart Intermesh has reached a new 52-week low, continuing a downward trend with a 9.22% decline over the past week. The stock's one-year performance is down 25.32%, significantly underperforming compared to the Sensex, and is trading below its moving averages across multiple time frames.
Indiamart Intermesh, a midcap player in the IT software industry, has experienced significant activity today, reaching a new 52-week low of Rs. 1989.1. This decline marks a continuation of a downward trend, with the stock losing value for the past seven consecutive days, resulting in a total drop of 9.22% during this period.

In terms of performance metrics, Indiamart Intermesh's one-year performance stands at -25.32%, contrasting sharply with the Sensex, which has gained 2.17% over the same timeframe. The stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained period of underperformance relative to broader market trends.

As the company navigates these challenges, its market position remains a focal point for stakeholders observing the ongoing developments within the IT software sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Kanani Industries Ltd is Rated Strong Sell
39 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
39 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
39 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
39 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
39 minutes ago
share
Share Via