Info Edge (India) Ltd (NSE: NAUKRI): Info Edge India Limited is experiencing an impressive rally today.
Today, at 10 AM, this stock is traded on NSE with an increase of Rs 260.40, 3.40 percent to about Rs 7,920. The current record high for the stock is Rs 7,963.75.
The stock started trading at Rs 7,670 this morning. Then it was closing at Rs 7,654.60 on the day before. The stock has posted an increase of 2.56 percent over the past week.
At the same time, it has dropped by 5.3 percent over the last month. It has returned a profit of 75.59 percent over one year.
Info Edge India is among the few internet companies that are profitable in India and is one of the most renowned internet firms in India.
Info Edge runs platforms such as Naukri.com, 99acres.com, Shiksha.com as well as Jeevansathi.com.
Info Edge which operates an educational and recruitment website, has played a crucial role in the growth of the Indian startup ecosystem.
Brokerage On Info Edge
A brokerage firm has issued a “Buy” signal on Info Edge with a goal of 8,850 rupees per share. The brokerage says that the company’s performance has been excellent during this second quarter.
Income revenue was in line with expectations, while EBITDA was 3 percent more than the forecast.
Growth in recruitment billing should be accelerating even more in the final quarter of this year. The recruitment activity on Naukri.com continues to grow steadily.
It is reported that the Japanese company has offered a “Buy” call on Info Edge with a goal of Rs 8,630 per share.
The brokerage firm claims that its job-creation sector continues to show positive growth. A strong increase in billing is continuing to be seen in the residential real estate industry too.
The matrimony and educational segments are also booming. Estimates of earnings for FY26-27 were cut by 5 percent.
Quick Fact
| Company name | Info Edge India |
|---|---|
| Stock increase today | ₹260.40 |
| Stock increase % | 3.40% |
| Current record high | ₹7,963.75 |
| Today’s opening | ₹7,670 |
| Previous close | ₹7,654.60 |
| Weekly gain % | 2.56% |
| Monthly decline % | 5.3% |
| 1-year return % | 75.59% |
| Platforms | Naukri.com, 99acres.com, Shiksha.com, Jeevansathi.com |
| Brokerage 1 rating | Buy |
| Possible target price (Brokerage 1) | ₹8,850 |
| EBITDA performance | 3% more than forecast |
| Recruitment growth | Continues steady growth |
| Brokerage 2 rating | Buy |
| Possible target price (Brokerage 2) | ₹8,630 |
| Residential sector | Strong billing increase |
| Matrimony & education | Positive growth |
| Earnings estimate cut | 5% for FY26-27 |
Disclaimer: The website and its content are for informational purposes only and should not be considered investment advice.
