Report
EUR 13.41 For Business Accounts Only

Increased risk weighs on INDIAMART INTERMESH, penalising its rating down to Negative

The independent financial analyst theScreener just lowered the general evaluation of INDIAMART INTERMESH (IN), active in the Internet industry. As regards its fundamental valuation, the title still shows 0 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Negative. As of the analysis date January 25, 2022, the closing price was INR 5,005.00 and its target price was estimated at INR 4,754.75.
Underlying
Indiamart Intermesh

IndiaMART InterMESH Ltd. is an India-based online marketplace, which connects buyers with suppliers. The Company's online channel focuses on providing a platform to small and medium enterprises (SMEs), large enterprises, as well as individuals. Its product categories include industrial plant and machine; electronics and electrical; Industrial Supplies; building and construction; apparel and garments; food and beverages; medical and healthcare; packaging machines and goods; chemicals, dyes and solvents; Mechanical Parts and Spares; Lab Instruments and Supplies; Furniture and Supplies; Agriculture and Farming; Automobile, Parts and Spares; Housewares and Supplies; Metals, Alloys and Minerals; Hand and Machine Tools; Handicrafts and Decoratives; Kitchen Utensils and Appliances; Textiles, Yarn and Fabrics; Books and Stationery; Cosmetics and Personal Care; Home Textile and Furnishing; Engineering Services; Gems, Jewelry and Astrology, and Computer and Information Technology Solutions.

Provider
TheScreener
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