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Info Edge gains 9% in three days on strong Q4 results; stock hits new high

In the past week, the stock has outperformed the market by surging 11 per cent, as compared to a 2.4 per cent rise in the benchmark S&P BSE Sensex.

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SI Reporter Mumbai
Shares of Info Edge (India) hit a new high of Rs 2,107, up 3 per cent, in intra-day trade on Thursday, gaining 9 per cent in the past three trading days, after the company reported a good set of numbers for the quarter ended March 2019 (Q4FY19).

In the past week, the stock has outperformed the market by surging 11 per cent, as compared to a 2.4 per cent rise in the benchmark S&P BSE Sensex.

Info Edge (India), which owns online job portal Naukri, reported 53.8 per cent jump in the standalone operating earnings before interest tax

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First Published: May 30 2019 | 10:59 AM IST

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