INDIAMART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | INDIAMART | Market Cap | 12,157 Cr. | Current Price | 2,022 ₹ | High / Low | 2,799 ₹ |
| Stock P/E | 23.2 | Book Value | 423 ₹ | Dividend Yield | 1.49 % | ROCE | 28.6 % |
| ROE | 21.8 % | Face Value | 10.0 ₹ | DMA 50 | 2,073 ₹ | DMA 200 | 2,219 ₹ |
| Chg in FII Hold | 0.89 % | Chg in DII Hold | -2.87 % | PAT Qtr | 69.6 Cr. | PAT Prev Qtr | 206 Cr. |
| RSI | 45.0 | MACD | -20.6 | Volume | 33,384 | Avg Vol 1Wk | 54,593 |
| Low price | 1,911 ₹ | High price | 2,799 ₹ | PEG Ratio | 0.96 | Debt to equity | 0.01 |
| 52w Index | 12.5 % | Qtr Profit Var | -69.9 % | EPS | 87.4 ₹ | Industry PE | 25.6 |
📉 Indiamart is trading below both its 50 DMA (₹2,073) and 200 DMA (₹2,219), reflecting medium-term weakness. RSI at 45.0 indicates bearish undertones, while MACD is negative (-20.6), confirming downward bias. Bollinger Bands show price near the lower band, suggesting oversold conditions. Current volume (33k) is below average (55k), showing weak participation and limited breakout potential.
🔑 Short-term momentum signals: Bearish, with limited upside unless price reclaims ₹2,070–₹2,100 zone.
🎯 Entry Zone: ₹1,950–₹2,000 (support region)
🚪 Exit Zone: ₹2,150–₹2,200 (resistance region)
📊 Trend Status: Consolidating with bearish bias
Positive
- Strong ROE (21.8%) and ROCE (28.6%) highlight efficiency
- EPS at ₹87.4 supports valuation strength
- Dividend yield of 1.49% provides income cushion
- Debt-to-equity ratio at 0.01 indicates virtually debt-free balance sheet
- FII holdings increased (+0.89%), showing foreign investor confidence
Limitation
- Price trading below both 50 DMA and 200 DMA
- RSI below 50 indicates weak momentum
- Negative MACD confirms bearish crossover
- Quarterly PAT dropped sharply (₹69.6 Cr. vs ₹206 Cr.)
- DII holdings decreased (-2.87%), showing reduced domestic support
- Volume below average, limiting breakout potential
Company Negative News
- Quarterly profit variation (-69.9%) highlights earnings pressure
- Decline in DII holdings
- Price trading below long-term averages
Company Positive News
- EPS remains strong at ₹87.4
- FII inflows (+0.89%) support investor confidence
- Dividend yield at 1.49% adds income cushion
Industry
- Industry PE at 25.6 highlights Indiamart’s fair valuation (P/E 23.2)
- E-commerce and B2B marketplace sector outlook remains positive with digital adoption trends
Conclusion
⚖️ Indiamart shows strong fundamentals but weak technical momentum with price below 200 DMA and declining profits. Entry near ₹1,950–₹2,000 offers tactical opportunity, with profit booking around ₹2,150–₹2,200. Trend remains consolidative with bearish bias, requiring stronger volume and breakout above 200 DMA for sustained upside.
Would you like me to extend this into a peer benchmarking overlay comparing Indiamart against JustDial, Info Edge, and other B2B marketplace peers for sector-relative momentum and valuation insights?