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As of 31-Dec-2023, promoters held 37.91 per cent stake in the company, while FIIs held 30.47 per cent and domestic institutional investors had 11.97 per cent.
As the company moves to generate revenues outside food delivery, the proportion is starting to shift. It is now banking on businesses like Blinkit and Hyperpure to power its growth
"We suggest maintaining a positive yet cautious stance as Nifty is set to retest its record high. Needless to say, we need sustainability above 22,150 to end the consolidation and march towards the 22,500+ zone else profit-taking may resume," said Ajit Mishra, Religare Broking.
What the numbers say about the Indian economy, markets, Life, the Universe and Everything
Info Edge (India) Ltd. key Products/Revenue Segments include Sale of services for the year ending 31-Mar-2023.