The domestic market reversed its earlier gains and closed in red on Thursday as the RBI’s decision to hold its current policy with a caution. In today’s trade, shares of Grasim, Info Edge, LIC, Eicher Motors, SAIL among others will be in focus due to first quarter results and various news developments. LIC Life Insurance … Read more
May 19, 2024, 11:07:23 AM IST 1/8 Dividend Dispensers With the fourth quarter earnings season, companies rewarded their shareholders with dividends for the financial year 2024. Companies announced dividend amounts as high as Rs 55 per share.Here’s a list of 7 companies that announced dividend in the last week: ETMarkets.com The telecom major Bharti Airtel … Read more
Brokerage firm JPMorgan maintained an overweight rating on LIC Housing Finance, Nomura has a buy rating on Info Edge, BofA Securities recommended a buy on Biocon and Jefferies upgraded M&M to buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: JPMorgan on LIC Housing: Overweight| Target Rs … Read more
Shares of Naukri.com’s parent company Info Edge (India) jumped 8% on BSE in Friday’s trade to the day’s high of Rs 6,338.55 as the firm reported a Q4 profit of Rs 211 crore, rising 18% year-on-year (YoY). Naukri’s revenues were recorded at Rs 608.3 crore, a 7.9% growth from the same period last year and … Read more
Naukri.com operator Info Edge on Thursday reported an 18% year-on-year (YoY) jump in its March quarter standalone profit to Rs 211 crore while its revenue recorded a 7.9% growth to Rs 608.3 crore. The company also announced a final dividend of Rs 12 per share for FY 2023-24. The company’s operating profit margins grew to … Read more
Brokerage action on One 97 Communications, Info Edge (India) and Westlife Foodworld are likely to impact their stocks today. While Jefferies sees NCPI approval of its third-party app as the last regulatory challenge cleared by the Paytm operator, BofA retains its underperform rating on Info Edge. Meanwhile, Investec has initiated a ‘Buy’ view on Westlife … Read more
“So, non-IT are multiple sectors and there are some pockets where it is still growing at a faster rate. Few sectors where it is not growing as fast as what it was let us say two quarters ago,” says Chintan Thakkar, Wholetime Director & CFO, Info Edge.AI is surely picking up pace. And because of … Read more
Info Edge Ltd (Naukri), part of the consumer service industry, has been trading above the breakout level of a Cup and Handle pattern on the daily charts. Short-term traders can look to buy the stock for a possible target of 5900 in the next 6-8 weeks, suggest experts. The stock gave a breakout from a … Read more
Mumbai: Equirus Securities has initiated coverage on IndiaMART InterMESH, parent of online marketplace IndiaMart, with a ‘long’ rating and a price target of ₹3,180 by March 2025. The price target implies an upside of 17% over the stock’s Friday closing price of ₹2,710. The brokerage said IndiaMART is trading at a premium to multiples of … Read more
