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1 Comment
Info Edge (India) Limited is currently in a long term uptrend where the price is trading 17.4% above its 200 day moving average.
From a valuation standpoint, the stock is 238.6% more expensive than other stocks from the Communication Services sector with a price to sales ratio of 49.1.
Info Edge (India) Limited's total revenue sank by 17.1% to $3B since the same quarter in the previous year.
Its net income has increased by 1234.8% to $7B since the same quarter in the previous year.
Finally, its free cash flow fell by 61.9% to $479M since the same quarter in the previous year.
Based on the above factors, Info Edge (India) Limited gets an overall score of 2/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
ISIN | INE663F01024 |
Sector | Communication Services |
Industry | Internet Content & Information |
Target Price | 1601.8348 |
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Dividend Yield | 0.5% |
Beta | 0.76 |
Market Cap | 975B |
PE Ratio | 500.73 |
Info Edge (India) Limited operates as an online classifieds company in the areas of recruitment, matrimony, real estate, and education and related services in India and internationally. It operates through Recruitment Solutions, 99acres, and Other segments. The company offers recruitment services through naukri.com, an online job website for job seekers and corporate customers, including hiring consultants; firstnaukri.com, a job search network for college students and recent graduates; naukrigulf.com, a website catering to Gulf markets; quadranglesearch.com, a site that provides off-line placement services to middle and senior management; zwayam.com, an advanced application tracking system for the recruitment process; and codingninjas.com, a code learning platform, as well as operates other brands, that includes iimjobs.com, hirist.com, doselect.com, a ambitionbox.com, bigshyft.com, and jobhai.com. It also provides 99acres.com, which offers listing of properties for sale, purchase, and rent; Jeevansathi.com, an online matrimonial platform; and shiksha.com, an education classified website that helps students to decide their undergraduate and postgraduate options by providing useful information on careers, exams, colleges, and courses, as well as operates aisle.co, a core platform supported by multiple dating apps, including Arike, Anbe, Neetho, Neene, and Jalebi. In addition, the company provides internet, computer, and electronics data processing services; and software development, consultancy, technical support for consumer companies, SaaS providers, and other services in information technology and product development fields, as well as brokerage services in the real estate sector. Further, it acts as an investment adviser and manager, financial and management consultant, and sponsor of alternative investment funds, as well as provides advertising solutions for colleges and universities. The company was incorporated in 1995 and is headquartered in Noida, India.
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