Page 3 - Info Edge (india)

Stocks to watch: Axis Bank, Britannia, Bajaj Finance, Info Edge, HDFC AMC

FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31

Info Edge to sell stake worth Rs 750 crore in proposed Zomato IPO

Info Edge on Tuesday said it will sell stake worth Rs 750 crore in the initial public offering (IPO) of its investee company Zomato

Info Edge shares zoom 5% after Zomato raises another $250 million

"On a fully converted and diluted basis, Info Edge's effective stake in Zomato stands at 18.4 per cent," Info Edge said in the stock exchange filing

Info Edge drops 12% in 2 days despite analysts raising targets; here's why

Analysts at Edelweiss Securities have 'Hold' rating on the stock with a target price of Rs 5,460 considering the core business's steep valuation

Trading calls by Nilesh Jain of Anand Rathi: Sell Info Edge, M&M Financial

The momentum indicators and oscillators have turned negative for M&M Financial Services' shares, where MACD has provided fresh sell crossover on the daily chart

Info Edge gains 9% in three days, hits record high post Q2 results

The management said it was seeing gradual recovery of billings across all businesses

Just Dial, Info Edge, IndiaMart: Trading strategies for buzzing stocks

In the past 18 trading days (since September 25), Just Dial has zoomed 70 per cent after its promoter & director, Anita Mani acquired more than 1 per cent stake in the company through open market

Info Edge: Fall in billing a worry, investors should await management views

Q1 was better than estimates, but the 44 per cent drop in billing points to a weak revenue and margin outlook

Info Edge up 3% after Q1FY21 results; Axis Capital maintains 'ADD'

Axis Capital expects to see the company's gradual recovery from Q3FY21

HSBC values Info Edge's stake in Zomato at $1.1 billion; stock jumps 5%

HSBC Global Research, in its recent report, valued food delivery firm Zomato at $5 billion, a major increase from its earlier valuation of $3.5 billion

Nifty outlook & stock calls by Angel Broking: Buy Canara Bank, Info Edge

The entire banking space seems to have revived and is seeing a catch-up move to the broader market

Info Edge shares gain 7%, hit all-time high on launch of QIP

The floor price of the QIP has been fixed at Rs 3,177.18 per equity share

Info Edge advances 4%, hits record high on report Policybazaar mulls IPO

Policybazaar is planning to have an initial public offering (IPO) with valuation worth $3.5 billion

Info Edge rises 6% as board approves raising up to Rs 1,875 cr via QIP

The company will conduct a postal ballot by way of remote e-voting facility to obtain members' approval for the QIP

Info Edge's prized assets Naukri, 99acres fall prey to Covid-19, lockdown

Valuations still not fair, given uncertainty over revenues

Bandhan Bank, HDFC Life, Info Edge jump 4% on inclusion in F&O segment

Post inclusion, stocks under the F&O segment will now be 143, up from 140, with effect from February 28, when the March series begins

Info Edge posts Rs-38 cr pre-tax loss in Q3, income rises 11% to Rs 359 cr

Segment-wise, it posted a 16 per cent rise in revenue on a y-o-y basis both for recruitment solutions and 99 acres segments

Info Edge gains over 3% as Zomato acquires Uber Eats' India business

The deal is applicable only in India and Uber Eats will continue to operate in Bangladesh and Sri Lanka.

Despite good Q2 numbers, cloud over Info Edge's near-term prospects

While billing growth may remain under pressure for recruitment business naukri.com, analysts are sceptical about real estate segment 99acres.com sustaining profits

Robust growth prospects make Info Edge a good long-term bet: Analysts

Besides Zomato, in which Info Edge owns 26% stake, naukri.com is also likely to report robust growth leading to improved cash flows