Fri, Aug 09, 2024
Info Edge, the parent company of Naukri.com and Jeevansathi, reported a 75.6% surge in consolidated profit to ₹258.8 crore for Q1 FY25, driven by strong growth across its recruitment, real estate, and matchmaking businesses. Revenue from operations rose 8.1% to ₹677 crore, with notable increases in the real estate and education verticals. The company also reported a significant reduction in cash losses from non-recruitment sectors and announced the merger of three subsidiaries to streamline its corporate structure.
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Thu, May 30, 2024
Domestic indices BSE Sensex and Nifty 50 were off to a poor start on Thursday (May 30, 2024) due to weak global cues. Selling was seen in the IT, FMCG, and oil and gas sectors. Emami Ltd rose nearly 19 per cent on the back of strong Q4 results.
Thu, Mar 24, 2022
As many quality stocks have undergone healthy correction and are available as a favourable risk-reward proposition, brokerage house ICICI Direct has picked two midcap IT stocks saying IT stocks have undergone healthy retracement within the structural up move.
Tue, Feb 22, 2022
Even as the stock market slid below 17000 mark on Tuesday, market expert and IIFL Director Sanjiv Bhasin remains optimistc about the stock markets. Bhasin opines that the last straw in the uncertainty has already been pulled.
Thu, Feb 17, 2022
Market expert and IIF Securities Director Sanji Bhasin expects market sentiments to improve in a couple of days. He said that Nifty could trade between 17,500 - 17,700 without doing to much. The global uncertainilties is reflecting even in the domestic markets he said.
Mon, Jan 31, 2022
Indian market closed well in the green on Monday ahead of Budget 2022. The S&P BSE Sensex rallied more than 800 points while the Nifty50 closed above 17300 levels.
Shares of Info Edge (India) Ltd surged nearly 8 per cent to the day's high of Rs 4739 per share in Monday's intraday trade on back of good q3fy22 numbers.
Fri, Jan 07, 2022
Market Expert Sandeep Waghle and analyst Ashish Chaturvedi recommended Info Edge as a stock to look out for in the near future for solid returns.
Wed, Nov 24, 2021
Info Edge (India) Ltd on Wednesday said it has entered into an agreement to invest about Rs 30 crore in Greytip Software, a human resources and payroll SaaS (software-as-a-service) company.
Fri, Aug 27, 2021
In chat with Anil Singhvi, Managing Editor at Zee Business, Research Analyst Ashish Chaturvedi said that Zomato Ltd and Info Edge India Ltd will benefit because of the new drone policy.
Mon, Jul 05, 2021
Info Edge, a key investor in Zomato has decided to lower the size of its offer for sale (OFS) in the IPO of the food delivery platform.
Tue, Jun 22, 2021
The brokerage firms posted a mixed call for the shares of Info Edge, as the company reported an over 60 per cent rise in standalone net profit to Rs 66.68 crore an over 10 per cent decline in net sales to Rs 290.04 crore in the fourth quarter of the financial year 2020-2021.
Sun, Jun 20, 2021
Info Edge Q4FY21 Results Preview – Online classifieds company Info Edge (India) Limited will be announcing its Q4FY21 results on Monday. What should the investors of this stock expect about the quarterly results? Should new investors buy it? Zee Business Research Analyst Ashish Chaturvedi has this exclusive report about the likely results with experts take on this stock
Fri, Sep 11, 2020
There is a need to understand some accounting issues to study our results. The revenue recognition of the billing is done over the tenure of the contract, .i.e. if the contract is of 3 months, 6 months or 12 months, then the revenue spreads out accordingly. So, the revenue of the contracts of January, February or December last year is coming in this quarter as well and this is why the revenue numbers are looking fine.
Sun, Dec 04, 2016
Info Edge (India), which owns leading job listings website Naukri.com, said it has invested an additional Rs 10 million in VCare Technologies, taking its total stake in the company to 14.77%.
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