IndiaMart share price target: Equirus Securities expects 17% upside in IndiaMart by March 2025

Mumbai: Equirus Securities has initiated coverage on IndiaMART InterMESH, parent of online marketplace IndiaMart, with a ‘long’ rating and a price target of ₹3,180 by March 2025. The price target implies an upside of 17% over the stock’s Friday closing price of ₹2,710. The brokerage said IndiaMART is trading at a premium to multiples of … Read more