News for Info Edge (India) Limited (NAUKRI.BO)

In January, mutual funds bought stocks worth Rs 575 billion in India's secondary market, with key additions in Axis Bank, HDFC Bank, and ICICI Bank. Major reductions were seen in Reliance Industries, ITC, and Bharat Electronics. Notable entries included Adani Wilmar in mid-cap and AXISCADES Technologies in small-cap. Mutual funds actively managed their portfolios, focusing on large, mid, and small-cap stocks.

Stocks including Titan Company, Swiggy, Tata Power, Aadhar Housing, Whirlpool, Religare, Birla Corp & PC Jewellers and more will be in the spotlight on Wednesday, February 05.

Info Edge shares have gained 56% in one year and lost 12.59% since the beginning of this year.

A total of 1,230 shares changed hands on the counter till 10:15AM (IST).

Valcreate Investment Managers LLP’s IME Digital Disruption and Badjate Stock Shares’ Aggressive PMS schemes surged almost 67% and 53% respectively in 2024

A total of 2,135 shares changed hands on the counter till 01:23PM (IST)

The stock quoted a 52-week high price of Rs 9194.95 and low of Rs 4868.50.

As of 30-Sep-2024, promoters held 37.68 per cent stake in the company, while FIIs held 32.27 per cent and domestic institutional investors had 11.25 per cent.

The 99acres Real Estate segment showed notable growth, with quarterly billings reaching Rs 102.6 crore in Q3 FY24, marking a 15.7% increase from Rs 88.4 crore in Q3 FY23. For the nine-month period, billings totaled Rs 290.9 crore, reflecting a 14.5% rise from Rs 254.1 crore.

India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.

The stock quoted a 52-week high price of Rs 8984.30 and low of Rs 4868.50.

After beating its 2025 targets by a distance, Indian Hotels Company has unveiled its ‘Accelerate 2030’ strategy, and has set benchmarks for itself across topline, portfolio, and payout to shareholders.

Stocks including Wipro, Cummins India , RVNL, Ircon International, SAIL, Lupin, India Hotels, NHPC, Emami, Emcure Pharma and more will be the spotlight on Friday, November 08.

The earnings season sees 70 companies, including notable players like Bajaj Finance, Adani Green, Zomato, and Paytm, reporting their Q2 results for July-September 2024. Key expectations include significant revenue and profit jumps for Zomato and Bajaj Finance, while Paytm may face widened losses despite higher revenue growth.

Stocks including Ola Electric, LIC, Eicher Motors, GAIL, Sobha, SAIL, Nexus Select, SJVN, Biocon and more may remain under the spotlight before the opening bell on Friday, August 9.

Companies including ICICI Bank, BHEL, UltraTech, PNB, Dr Reddy's, InterGlobe, IDFC First Bank, Hindustan Zinc more may remain under the spotlight before the opening bell on Monday, July 29.

Stocks including PNB Housing, BHEL, Indus Towers, DMart, Info Edge, Brigade Enterprises and KEI Industries and more may remain under spotlight before the opening bell on Thursday, June 20.

Shares of Info Edge (India), the parent company of Naukri.com, surged 8% on the BSE during Friday's trading session, reaching a peak of Rs 6,338.55. This increase followed the company's Q4 profit report of Rs 211 crore, marking an 18% year-on-year growth.

M&M, Hindustan Aeronautics, GAIL (India), Vodafone Idea, Info Edge Biocon, Container Corporation and others will announce their earnings for the March 2024 quarter today.