99acres

Expectations of the recruitment business seeing healthy demand may very well be reasonable as many of the IT companies have seen an increase in utilisation rates.

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

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

Infoedge: IT hiring headwinds to choke growth 

Momentum in real estate hiring augurs well for this recruitment portal

Info Edge: IT hiring slowdown lingers, valuation doesn't play ball

The company management has been seeing an IT hiring slowdown and expects it to remain in the next couple of quarters.

Info Edge: Slowing IT hiring a sign of challenges ahead, valuation a grey zone

Group revenue growth is decelerating as IT hiring has slowed down. Although growth in non-IT hiring helped offset the impact, the outlook remains cautious

Info Edge: Does surprise margin improvement make the stock a good catch?

Despite being one of the leaders in the online classified space and the strong growth trajectory, the risk-reward ratio is not favourable for an immediate entry into the stock

Info Edge: Naukri in the driver's seat; will it run up more?

Info Edge should continue to see robust growth momentum in both billings and revenues through the recruitment segment and 99acres

Info Edge: Recovery to drive online classified business

Info Edge has a track record of successful early-stage investment in startups including Zomato and PolicyBazaar

Housing rent rises by up to 5% in 8 cities: 99acres

Hyderabad's housing market witnessed 2 per cent rise in capital values while rental moved up by 5 per cent.

Online realty cos MagicBricks, PropTiger, 99acres, CommonFloor collectively post Rs 762 cr loss in FY16

Internet-based real estate companies including Housing.com, PropTiger, MagicBricks, 99acres and CommonFloor collectively reported losses of Rs762 crore for the year ended March 31, 2016

Demonetisation: December quarter spells bad news for India's internet companies

The December quarter has not been a good one for India's internet companies. While private funding dried up for unlisted players as investors focused on operating performance, the listed players are expected to be impacted by demonetisation.

Want Zomato to break even in 6 countries this yr: Info Edge

Chintan Thakkar, CFO of Info Edge says the company will continue to invest in the realty as rentals, particularly in some cities, is doing well despite the shrinking market.

Info Edge Q1 net dips 28% to Rs 28.7 crore

Info Edge, which runs job portal Naukri.com, on Monday reported 27.8 percent decline in its net profit at Rs 28.7 crore for the quarter ended June 30, 2015, primarily due to higher investment in 99acres.

To invest further in 99acres despite low nos: Info Edge

In an interview with CNBC-TV18, Chintan Thakkar, CFO of Info Edge said the company will continue to invest in 99acres despite the slow revenue growth in the June quarter.

99acres to stay in red for few more qtrs: Info Edge

Hitesh Oberoi, CEO & MD, Info Edge is convinced that 99acres‘ long term story is good. He believes that Info Edge can grow all its businesses at 20 percent plus and the company as a whole could grow at 25 percent.

Info Edge up 3%; UBS retains buy, Naukri earnings key

Shares of Info Edge India gained 2.7 percent intraday Thursday, in addition to 2 percent rally in previous session. Brokerage UBS has maintained its buy rating on the stock with a price target of Rs 1,000.

UBS upgrades Info Edge rating to buy; raises price target

UBS has raised the target price to Rs 1000 with an upside scenario valuation of Rs 1,150. The company has various online portals like Naukri, Zomato and 99acres.

CLSA ups Info Edge price target; retains outperform rating

Info Edge remains an attractive listed Indian internet play with a recovering economy buoying its core business and value surfacing from new businesses, feels CLSA

To use QIP funds to create war chest for 99Acres: Info Edge

Hitesh Oberoi, CEO and MD, Info Edge says the company keeps scouting the market for acquisitions all the time considering real estate – the online space – is such a hot sector. According to him, real estate will be a good sector for the medium term, even if it means clocking losses in the short term.