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

The brokerage said IndiaMART is trading at a premium to multiples of classifieds-based models listed globally and in India, barring Info Edge. But its premium valuations are justified, given a healthy earnings growth outlook, strong cash generating abilities, and superior returns profile, it said.
Samarth Patel Equirus Securities Indiamart Share Price Target Indiamart Stock Outlook Indiamart Stock Upside Info Edge

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