IndiaMART InterMESH Shares Plummet 10% After Disappointing Q3 Results, Analysts Slash Target Prices
Shares of IndiaMART InterMESH saw a sharp 10% decline to ₹2,065.40, reaching a 25-month low following the company’s Q3FY25 earnings report. This significant drop in stock price was primarily driven by concerns over declining subscriber growth and weak collections growth, prompting analysts to cut their target prices and downgrade their ratings. Analyst Downgrades and Target…