Indiamart may get a start soon...

IndiaMart Intermesh is an India e-commerce company that provides B2B and customer to customer sales service via its web portal. IndiaMart intermesh is an India’s largest online B2B market place, connecting buyers with supplies. CMP – 4549.60. Negatives of the company are high valuation (P.E. = 48.8) and declining annual net profit. Positive of the company are MFs and FIIs are increasing stake. No debt, zero promoter pledge, improving cash from operating activity annual and improving book value per share. Entry in the stock can be taken after closing above 4698. The Long Term Target in the stock will be 4908 and 5082. In a very long run the stock can reach 5277 and 5400+. Stop Loss should be maintained at a closing below 4400. For Paper Trading.