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May 23, 2024
The Indian market has shown robust growth, climbing 3.0% in the past week and achieving a remarkable 45% increase over the last twelve months, with earnings expected to grow by 17% annually. In such a thriving environment, stocks with high insider ownership often signal strong confidence from those who know the company best, potentially making them compelling considerations for investors.
May 21, 2024
Benchmark equity indices recovered to close flat on Tuesday, with gains in metal stocks offsetting declines in other sectors following top consumer Chinas property-support measures.
May 17, 2024
However, Info Edge remains cautious about whether this surge indicates a bottoming out of utilization levels for IT firms
May 17, 2024
However, Info Edge remains cautious about whether this surge indicates a bottoming out of utilization levels for IT firms
May 17, 2024
Hitesh Oberoi, Co-Promoter, MD & CEO of Info Edge, discusses the growth in IT hiring, positive Naukri JobSpeak index movement, and real estate success. He also addresses EBITDA margins, recruitment trends, and global market influences, including exceptional losses and FY25 projections. Oberoi says IT hiring is more indexed to what happens in the US and the global economies than to what happens in the Indian economy and it has to be seen how that plays out over the next few quarters.
May 17, 2024
BENGALURU, May 17 - Indian shares fell on Friday as a drop in financials and information technology stocks overshadowed gains in auto...
May 17, 2024
JPMorgan retains overweight rating on LIC Housing Finance, Nomura favors buy rating on Info Edge, BofA Securities suggests buying Biocon, and Jefferies upgrades M&M to buy.
May 17, 2024
Shares of Info Edge (India), the parent company of Naukri.com, surged 8% on the BSE during Fridays trading session, reaching a peak of Rs 6,338.55. This increase followed the companys Q4 profit report of Rs 211 crore, marking an 18% year-on-year growth.
May 17, 2024
Sanjiv Bhasin shares insights on market trends, cautioning against exuberance and highlighting investment opportunities in HAL, BEL, Bharat Dynamics, Jindal Saw, Honeywell Automation, Naukri, and Info Edge. Bhasin also says that due to high valuations, HAL, BEL and Bharat Dynamics are the three must-have stocks that should be bought on dips.
May 16, 2024
Mahindra and Mahindra, GAIL (India), Vodafone Idea, Biocon, Container Corporation of India, Crompton Greaves Consumer Electricals, Endurance Technologies, Hindustan Aeronautics will release quarterly earnings on May 16