#info edge

Brokerage firm JPMorgan downgraded Vedanta to a neutral rating, maintained underweight stance on Hindustan Zinc and retained overweight on Hindalco. Citi downgraded AU Small Finance Bank to neutral and Macquarie has an underperform rating on Info Edge. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:JPMorgan on Vedanta and Hindalco:JPMorgan…

Info Edge, the largest shareholder in Bizcrum Infotech, the holding firm of Bijnis, has written off its entire investment in the Indian startup, citing “principles of conservatism and prudence,” in the latest drastic market correction in the fast-growing South Asian ecosystem grappling with the weakening global economy. The publicly listed Indian investor had invested about $9.3 million in the…

Info Edge raises Rs 300 crore in startup investment

Info Edge holds a 100 percent stake in Startup Investments (Holding) Limited (SIHL) which is a holding and investment company. image from google IT company InfoAge, which owns portals like Jobs and 99 Acres, has invested Rs 300 crore in its subsidiary Startup Investments, the company said in a regulatory filing on Saturday. Info Edge holds a 100 percent stake in Startup Investments (Holding)…

3 Stocks To Watch Which Are Down by at least 30% from 52 Weeks High

The stock of Naukri.com (Info Edge) has fallen from the levels of Rs. 7,500 to around Rs. 5,000 amounting to correction of nearly 39%. While Indraprastha Gas Limited (IGL) and Zomato stock prices have also gone down to their 52-week low levels amounting to a fall of over 30% and 45% respectively from its 52-week high levels. What are the possible reasons behind the fall in the stock price of IGL,…

Info Edge shares gain 2.52% as Sensex falls

Shares of the (India) Ltd. traded at Rs 6515.45 on BSE at 10:25AM (IST) on Tuesday, up 2.52 per cent. The stock quoted a 52-week low price of Rs 3783.6 and a high of Rs 7462.95. Earlier in the day, the stock saw a gap up opening. At the prevailing price, the stock traded at 9.88 times its trailing 12-month EPS of Rs 660.71 per share and 10.07 times its book value, as per BSE data. A total of…