ICICI Securities expects Eternal's Blinkit to sustain its strong growth trajectory, with 26–27 per cent QoQ growth, while Swiggy's Instamart may accelerate sequentially (24 per cent QoQ) alongside improving profitability.
Shares of Info Edge (India), also known as Naukri, might be showing up to a 80 per cent in some trading apps today as the internet services provider ex-split today.
Info Edge (India) is set to announce its results for the quarter and nine-months ending on December 31, 2024 later today.
Info Edge shares have gained 56% in one year and lost 12.59% since the beginning of this year.
Info Edge stock closed 0.44% higher at Rs 8143.60 on Monday against the previous close of Rs 8107.60 on BSE.
Shares of Info Edge more than 9.01 per cent to Rs 6,189, hitting its new all-time highs and commanding a total market capitalization of more than Rs 80,000 crore.
In a conversation with Cred founder Kunal Shah on his podcast, Bikhchandani said startups should evaluate if they have the internal systems and processes in place to deal with the requirements that come with being a publicly listed company.
Info Edge shares rose 0.76 per cent to hit a high of Rs 5,230 on BSE. Earlier today, Info Edge said its mobile applications namely Naukri jobseeker, Naukrigulf Job Search App and 99acres Buy/Sell/Rent Property were reinstated by Google.
Info Edge said the company was working with Google to re-instate the rest of the mobile applications- Naukri recruiter and Shiksha. Any further development on this would be duly intimated to the stock exchanges, Info Edge said.
For Thursday, share market analyst from a domestic brokerage has assigned 'Buy' calls on Info Edge, Gujarat Narmada Valley and FDC. Check price targets and other crucial details.
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