What Info Edge's financials say about the quality of India's economic recovery
There’s reason for cheer across sectors, except, maybe, for IT. But it’s too early to say if that will translate to a broad pickup in hiring
Source: livemint.com
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Top News In Info Edge Today - Breaking & Trending Today
Info Edge Share Price: Info Edge shares down 0.22% as Nifty drops
A total of 2,309 shares changed hands on the counter till 11:52AM (IST).
Source: indiatimes.com
Info Edge Share Price: Info Edge shares fall 0.39 per cent in Friday's trading session
The Relative Strength Index of the stock stood at 75.36 on Friday.
Source: indiatimes.com
Info Edge Share Price: Share price of Info Edge rises as Nifty strengthens
A total of 6,023 shares changed hands on the counter till 02:10PM (IST).
Source: indiatimes.com
Good Q2, but cautious outlook for Info Edge
Info Edge (India) reported good Q2FY24 results with hiring across other segments helping offset weak IT performance. The revenue increased 11.5 per cent year-on-year (Y-o-Y) to Rs 593 crore, (up 1.5 per cent quarter-on-quarter or Q-o-Q). The earnings before interest, taxes, depreciation, and amortization (Ebitda) margin was excellent at 40.7 per cent, up 200 basis points year-on-year (Y-o-Y).
Source: rediff.com