Info Edge (india)

Naukri stock flirting with trouble; can slide another 20% if this happens

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.

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

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 Q3 results: Net profit jumps 61% to Rs 242.6 cr on high revenue

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

Info Edge stock split news: naukri.com parent shares rise; key details

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: naukri.com parent shares gain 3%; check details

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

Naukri.com parent Info Edge shares slip 5% after posting Q3 biz update

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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Naukri.com parent Info Edge climbs 5% in trade; What's boosting the rally?

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

F&O stocks in focus: Long buildup seen in Naukri, Voltas, Laurus Labs

Stocks with long buildup in August series: Key levels to track on Voltas, Naukri and Laurus Labs as these stocks could potentially gain up to 9 per cent from present levels.

Strong growth prospects, mixed valuations seen for Info Edge stock

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 rallies 5% in weak market, nears record high on positive outlook

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

Stock idea: Analysts raise target price on Info Edge post Q4; details here

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

Info Edge Q4 results: Net profit at Rs 88 crore, revenue rises 7.9%

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

Improving hiring expectations, investment gains positive for Info Edge

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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App delisting cannot be permitted: Vaishnaw on Google-Indian startups row

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

Never received notice from Google: Sanjeev Bikhchandani on removal of apps

Info Edge founder said that the only app in contention was Jeevansathi, and it was complied with on February 9

Info Edge's Naukri, Shiksha, 99 acres removed from Google Play Store

Info Edge (India) Ltd on Saturday said its mobile apps, including naukri.com, 99 acres.com, and shiksha.com have been removed from Google Play Store. This comes a day after Google began removing some apps, including popular matrimony apps, from its Play Store in India over a dispute on service fee payments. Google has said that 10 companies in the country, including "many well-established" had avoided paying fees despite benefiting from the platform. "We would like to inform you that the company's mobile applications (viz. Naukri.com Job Search App, Naukri Recruiter, Naukrigulf Job Search App, 99acres Buy/Sell/Rent Property and Shiksha), have been removed/delisted from Google Play Store today by Google, along with several mobile applications of other companies/entities as well," Info Edge (India) Ltd said in a BSE filing. It said the action comes as a surprise to the company as it was taken without giving due and sufficient notice by Google. Info Edge clarified that users who alre

IAMAI advises Google not to delist any apps from its Play Store in India

Earlier today, Google began removing the apps of 10 companies in India over service fee payments, including some popular matrimony apps like Bharat Matrimony

Info Edge: Good Q2 results with hiring across segments, cautious outlook

September quarter saw hiring across segments except IT, where the management guidance continues to be cautious