Moneycontrol PRO

Hold Info Edge (India); target of Rs 4590: ICICI Direct

ICICI Direct recommended hold rating on Info Edge (India) with a target price of Rs 4590 in its research report dated November 15, 2022.

November 30, 2022 / 03:43 PM IST
  • bselive
  • nselive
Todays L/H

ICICI Direct's research report on Info Edge (India)

Info Edge provides internet based service delivery like recruitment services (Naukri), real estate (99 acres), Jeevansathi and Shiksha. Quasi play on Indian start up like Zomato, PolicyBazaar, Shoekonect, Ustra, Gramophone and job market, matrimony services & real estate market • Prudent capital allocation with recruitment business EBITDA margin >50%.


We change our rating on the stock from BUY to HOLD. We value Info Edge at Rs 4,590 on SOTP basis.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Info Edge (India) - 16 -11-2022 - icici

Broker Research
first published: Nov 30, 2022 03:43 pm