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Info Edge: On a recovery mode, but non-core investments drive valuation

Nitin Sharma   •

Billing growth and management commentary point to improvements in IT hiring, implying bottoming out of the challenging environment.

99 acres billings rose sharply by 49 percent QoQ and 26.4 percent YoY in a seasonally strong quarter, driven by the strength of the solid property market.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More