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
