Indiamart Intermesh Faces Significant Volatility Amid Broader IT Sector Decline

Apr 07 2025 09:47 AM IST
share
Share Via
Indiamart Intermesh, a midcap IT software company, has faced notable volatility, hitting a 52-week low and experiencing a significant intraday drop. The stock has underperformed against the broader market, with declines over various time frames, reflecting a bearish trend in both the company and the IT sector.
Indiamart Intermesh, a midcap player in the IT software industry, has experienced significant volatility today, with the stock declining by 6.58%. The stock reached a new 52-week low of Rs. 1850, marking a notable intraday drop of 10.52% at its lowest point. This decline comes after a two-day consecutive fall, during which the stock has recorded a total loss of 7.98%.

In terms of performance metrics, Indiamart Intermesh has underperformed relative to the broader market, with a one-day performance of -6.38% compared to the Sensex's decline of 3.67%. Over the past week, the stock has fallen by 7.72%, while the Sensex decreased by 6.22%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

The IT software sector as a whole has also faced challenges, with a decline of 6.05%. Overall, Indiamart Intermesh's performance over various time frames shows a downward trajectory, with a year-to-date loss of 13.94% compared to the Sensex's 7.09%.
{{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