Positive impactResults
Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect next
Economic Times 2 hrs ago·11 Aug 2026, 5:06 am
Info Edge shares rallied over 4% in early trade after the company reported a strong performance for the first quarter of fiscal 2027. The parent of Naukri.com and 99acres saw its consolidated net profit jump 43% year-on-year to Rs 490 crore. Recruitment billings also grew 17.5%, and operating profit increased by 25%, indicating healthy operational leverage.
The positive earnings beat has drawn attention from major brokerages. Nomura and Nuvama have maintained their 'Buy' ratings on the stock and raised their target prices, while Motilal Oswal has retained its rating. This analyst support suggests confidence in the company's growth trajectory.
For investors, the key focus now shifts to the company's future growth strategy and how it plans to sustain this momentum in the coming quarters. Keeping an eye on the recruitment market trends and the company's execution will be crucial.
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
