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Info Edge cofounder Sanjeev Bikhchandani added that a rise in the share prices of portfolio companies such as Policybazaar and Zomato over the 6-12 months period had coincided with the companies bottom line improvements.
Info Edge India Limited, the parent company of Naukri.com, on Tuesday reported 7.2 per cent growth in its revenue from operations
The double whammy of soft demand in the IT industry and extra manpower held by them is negatively affecting the recruitment and consulting business of Info Edge
This week, the Indian market performance and projection is likely to be influenced by key economic data this week, including the Consumer Price Index, Industrial Production, and trade balance.
A total of 6,652 shares changed hands on the counter till 12:43PM (IST).