The brokerage firm slashed Naukri.com’s parent company’s PT to INR 7,800 from INR 8,750 earlier
Explaining its rationale for the revision in PT, JM Financial highlighted the recent correction in the stock price of Info Edge’s investee companies Zomato and PB Fintech
It also gave a moderate billing growth forecast for Info Edge’s bread-and-better recruitment segment (Naukri) for FY26 and FY27 of 14.5% as against 18% earlier
A day after Sanjeev Bikhchandani-led Info Edge shared a robust uptick across its business…