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IndiaMART InterMESH shares surge 9.5% on Q3 earnings beat but some brokerages cut target; here's what they say
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₹2,515 apiece on BSE. IndiaMART InterMESH stock price touched an intraday high of ₹2706.45 and an intraday low of ₹2,500.05.
According to Rajesh Bhosale, Equity Technical and Derivative Analyst, Angel One, IndiaMART InterMESH stock prices have seen volatile moves in the last two sessions. Yesterday it was under pressure, however, today it has strongly bounced back, recovering from the last two sessions of losing ground.
"Considering the volatility, one can skip this counter and wait for stability before taking the next trading step. In the event of a further bounce, 2,800 would be the next resistance, whereas any dip towards 2500 may attract support," advised Bhosale.
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