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Q4 results review: IndiaMART InterMESH zooms 10% despite target price cuts as Q4 PAT jumps 79%

IndiaMART InterMESH shares surged 10% on strong Q4 results despite target price cuts. Stock hit day s high of ₹2,913, up 21.6% from 52-week low. Company s net profit rose 79% YoY in Q4FY24 to ₹99.6 crore. ....

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IndiaMart jumps 6% on strong Q3 earnings, analysts foresee business growth

IndiaMART is uniquely positioned to drive digitisation of the SMEs and it can help its investee companies scale up with its reach and by offering bundled products, said Nuvama. ....

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indiamart: IndiaMart confident of maintaining margin bandwidth of 28-30%: Dinesh Agarwal

“ We have seen a good traffic recovery and the traffic outlook cannot be predicted easily because a lot of macro conditions play on that and a lot of technology conditions also play on that. Let it sustain for a few quarters and we can give further guidance on that.” ....

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IndiaMart confident of maintaining margin bandwidth of 28-30%: Dinesh Agarwal, ET Retail

Indiamart: “ We have seen a good traffic recovery and the traffic outlook cannot be predicted easily because a lot of macro conditions play on that and a lot of technology conditions also play on that. Let it sustain for a few quarters and we can give further guidance on that.” ....

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IT companies likely to regain momentum in H2CY23, FY24 to show strong revenue growth; not Infosys or TCS; these are the top stock picks from IT sector

IT stocks to buy: After strong revenue growth momentum in FY22 and FY23, analysts believe IT services companies may face challenges on the demand front and margins fueled by the economic slowdown and macroeconomic uncertainties. Watch this Visual Story to see top IT stock picks for FY24. ....

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