Info Edge (India)

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Info Edge Share Buy, sell or hold: At 11:30 AM, the Info Edge (India) stock was trading 1.19 per cent lower at ₹1,360.60, even as the BSE Sensex gained 0.33 per cent to 84,743.91.

Management says a large part of the current marketing spends is for brand building, which may be cut sharply if needed

Info Edge's standalone revenue stood at ₹7,364 crore, up 15.3 per cent year-on-year (Y-o-Y), with billings rising 11.2 per cent to ₹6,442 crore.

Info Edge (Naukri) share price outlook: The stock is seen testing the trend line support on the weekly scale at Rs 7,300; a weekly close below the same will indicate bearish implications on the stock.

Analysts at Nuvama have a bullish view on Info Edge, raising their target price to Rs 9,100 from Rs 8,800, citing strong growth across the business and improved margins

Info Edge - the parent entity of Naukri - on Wednesday reported a 61 per cent year-on-year rise in consolidated net profit at about Rs 242.6 crore for quarter ended December 2024, and the board also approved split of shares in the ratio of 1:5. The share split is aimed at enhancing the liquidity of company's equity shares and encouraging participation of retail investors by making shares of the company more affordable, according to a statutory filing by Info Edge. The revenue from operations - on a consolidated basis - was nearly 15 per cent higher at Rs 722.3 crore in Q3FY25. The Q3FY25 net profit attributable to equity holders of parent stood at Rs 242.59 crore, up 61 per cent as compared to same period previous year. "Board of Directors of the company at their meeting held today...have considered and approved...sub-division/split of the existing 1 (one) equity share of the company having face value of Rs 10 (Rupees ten only) each fully paid-up, into 5 (five) equity shares having

During a board meeting today, Info Edge's board approved stock split. As per the filing, stock split will be of the existing 1 equity share having face value of Rs 10, into 5 equity shares

Info Edge stock split news: Info Edge through a filing said that its board will consider a stock split of the existing shares of the face value of Rs 10 each, fully paid-up

In its Q3 update released on Monday after market hours, Info Edge (India) said that its standalone billings during the quarter ended December 31, 2024, grew 15.8 per cent to Rs 668.3 crore Y-o-Y

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Info Edge declared an interim dividend of Rs 12 per share and fixed the record date as Wednesday, November 20, 2024

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A continued slowdown in IT hiring remains a risk. IT billings growth slowed to single digits, while non-IT segments grew 14 per cent Y-o-Y and this supported growth

Info Edge share price: The sustained growth momentum in the non-IT sectors is expected to continue to buoy the company's recruitment business

Info Edge (India) stock price update: Info Edge stock price zoomed 8 per cent to Rs 6,338.55 per share on the BSE in Friday's intraday trade

Naukri.com owner Info Edge posted a consolidated net profit of Rs 87.9 crore in the fourth quarter ended March 31, 2024. The company had registered a loss of Rs 503.1 crore in the year-ago period. The consolidated revenue of operations increased 8.7 per cent to Rs 657.42 crore during the quarter under review from Rs 604.78 crore a year earlier. Info Edge (India) recorded 7.9 per cent growth in its revenue from operations at Rs 608.3 crore on a standalone basis for the quarter ended March 31, 2024, compared to Rs 564.0 crore in the corresponding quarter of the previous fiscal. "The recruitment business witnessed an uptick in Q4 performance whereas non-recruitment businesses continued to deliver robust performance. "Revenues growth in the recruitment business was 3.4 per cent year on year and for non-recruitment business verticals namely 99acres.com (the real estate vertical), Jeevansathi.com (the matrimony business), and Shiksha.com (the education business) was 22.5 per cent, 29.2

Naukri continues to be the market leader among recruitment portals with a database of over 95 million and a 70 per cent traffic market share in the segment

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Taking a strong view of Google pulling off some apps from its Play Store, the government on Saturday said delisting of Indian apps cannot be permitted and that the tech company and the startups concerned have been called for a meeting next week. In an interview to PTI, IT and Telecom Minister Ashwini Vaishnaw said the startup ecosystem is key to the Indian economy and their fate cannot be left to any big tech to decide. The minister's comments assume significance as Google on Friday began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments, even as apps and well-known startup founders cried foul. Taking a serious view of the issue, Vaishnaw said: "India is very clear, our policy is very clear...our startups will get the protection that they need." The minister said the government will be meeting Google and app developers who have been delisted, next week, to resolve the dispute. "I have already called Google...I