IndiaMART Shares Hit Fresh 52-Week Low At INR 1,980.50

Shares of IndiaMART InterMESH fell over 1% to hit a fresh 52-week low of INR 1,980.50 apiece on the BSE on February 25

The stock has been under pressure since the company reported weaker-than-expected Q3 FY25 earnings

Brokerage Nomura downgraded the stock to ‘reduce’ from ‘neutral’ while cutting the target price to INR 1,900 from INR 3,150

Shares of IndiaMART InterMESH fell over 1% in early trade today (February 25) to hit a fresh 52-week low of INR 1,980.50 apiece on the BSE. The stock has tanked over 12%…