INDIAMART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | INDIAMART | Market Cap | 12,640 Cr. | Current Price | 2,104 ₹ | High / Low | 2,799 ₹ |
| Stock P/E | 24.1 | Book Value | 423 ₹ | Dividend Yield | 1.43 % | ROCE | 28.6 % |
| ROE | 21.8 % | Face Value | 10.0 ₹ | DMA 50 | 2,127 ₹ | DMA 200 | 2,257 ₹ |
| Chg in FII Hold | 0.89 % | Chg in DII Hold | -2.87 % | PAT Qtr | 69.6 Cr. | PAT Prev Qtr | 206 Cr. |
| RSI | 47.8 | MACD | 9.54 | Volume | 65,594 | Avg Vol 1Wk | 75,801 |
| Low price | 1,925 ₹ | High price | 2,799 ₹ | PEG Ratio | 1.00 | Debt to equity | 0.01 |
| 52w Index | 20.4 % | Qtr Profit Var | -69.9 % | EPS | 87.4 ₹ | Industry PE | 26.6 |
📉 Indiamart is trading near its 50 DMA (₹2,127) but below the 200 DMA (₹2,257), showing short-term support but medium-term resistance. RSI at 47.8 indicates neutral-to-weak momentum, while MACD at 9.54 suggests mild bullish crossover. Bollinger Bands show price near mid-range, reflecting consolidation. Current volume (65k) is below average (75k), highlighting reduced participation.
🔑 Short-term momentum signals: Mild bullish bias, but sustainability depends on reclaiming ₹2,160–₹2,180 zone.
🎯 Entry Zone: ₹2,080–₹2,100 (support region)
🚪 Exit Zone: ₹2,160–₹2,180 (resistance region)
📊 Trend Status: Consolidating with weak bullish tilt
Positive
- Strong ROCE (28.6%) and ROE (21.8%) highlight efficiency
- Debt-to-equity ratio at 0.01 indicates virtually debt-free balance sheet
- Dividend yield of 1.43% provides income cushion
- EPS at ₹87.4 supports valuation strength
- FII holdings increased (+0.89%), showing foreign investor confidence
Limitation
- Price trading below 200 DMA, showing medium-term resistance
- 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 1.43% adds income cushion
Industry
- Industry PE at 26.6 highlights Indiamart’s fair valuation (P/E 24.1)
- 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 ₹2,080–₹2,100 offers tactical opportunity, with profit booking around ₹2,160–₹2,180. Trend remains consolidative with mild bullish tilt, 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?