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Info Edge hits new high; up 22% in seven days

The stock was trading higher for the seventh straight day. It has rallied 5% to Rs 1,695 on the BSE in early morning deal.

Info Edge hits new high; up 22% in seven days
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SI Reporter Mumbai
Shares of Info Edge (India), owner of one of the leading job portals naukri.com, were trading higher for the seventh straight trading day on Tuesday. The stock was up 5% to Rs 1,695 on the BSE in early morning trade in an otherwise subdued market.

The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India. In the past seven trading days, it has rallied 22% from Rs 1,390, as compared to 3.2% rise in the S&P BSE Sensex.

The stock surpasses its previous high