Hold Info Edge, target price Rs 8,000: ICICI Securities
hold call on Info Edge (India) Ltd. with a target price of Rs 8,000. The current market price of Info Edge (India) Ltd. is Rs 7983.75. Info Edge (India), incorporated in 1995, is a Large Cap company with a market cap of Rs 104330.77 crore, operating in the Services sector. Info Edge's key products/revenue segments include Sale of services for the year ending 31-Mar-2024.
Financials For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 909.48 crore, down -.60% from last quarter Total Income of Rs 914.95 crore and up 37.84% from last year same quarter Total Income of Rs 659.81 crore. The company has reported net profit after tax of Rs 294.22 crore in the latest quarter.
The company's top management includes Mr.Kapil Kapoor, Ms.Aruna Sundararajan, Mr.Pawan Goyal, Mr.Sanjiv Sachar, Mr.Ashish Gupta, Mr.Sharad Malik, Ms.Geeta Mathur, Mr.Chintan Thakkar, Mr.Hitesh Oberoi, Mr.Sanjeev Bikhchandani, Mr.Arindam Kumar Bhattacharya. Company has S R Batliboi & Associates LLP as its auditors. As on 31-12-2024, the company has a total of 13 Crore shares outstanding.
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