Info Edge Shares Surge 11% Today; Here's What Drove the Rally
India, July 7 -- The shares of the Mid-cap company, which specialises in operating consumer internet portals and online classifieds, whose primary domains include recruitment (like Naukri.com), real estate, matrimony, and education, are in focus as they have rallied 11 percent in the day's trade.
With a market capitalization of Rs. 73,689.76 crores in the day's trade, the shares of Info Edge (India) Ltd jumped upto 11.2 percent, making a high of Rs. 1,139.90 per share compared to its previous closing price of Rs. 1,024.90 per share. Reason for the Rally
Strong quarterly billings growth:
The company reported standalone billings of Rs. 737 crore in Q1 FY27 (quarter ended June 30, 2026) compared with Rs. 644.2 crore in Q1 FY26, representin...
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