Sudip Bandyopadhyay maintains a neutral stance on IndiaMART, despite a recent rally and expected healthy numbers. He cautions that current optimism is largely seasonal, driven by festive consumption in middle-India during Q3 and Q4, and does not warrant a more bullish view for now.

Sudip Bandyopadhyay’s track record: 8 graded calls · 95% CI 14–69%

IndiaMART InterMESH LtdNeutralCalled 22 Jan 2026Graded 23 Aug 2026