Info Edge share price hits 52-week high after strong Q4 business update; here's what technical analysts say
₹5,791 and touched an intraday high of ₹6,189 on the BSE. In a regulatory filing, Info Edge reported a 10.5% rise in standalone billings for the fourth quarter that concluded on March 31, 2024, totaling ₹826.9 crore.
A year before, the company's billings totaled ₹748.6 crore over the same time. The quarter saw a 7.18% increase in Recruitment Solutions billing, from ₹583.5 crore in the March 2023 quarter to ₹625.4 crore.
Also Read: Mahindra & Mahindra, Tata Steel & others hit 52 week high today ; Do you own any? 99acres' real estate division had a 26.42% increase in billings during the reporting quarter, from ₹103.7 crore in the same quarter last year to ₹131.1 crore. The company's standalone billing climbed by 5.47% to ₹2,495.9 crore during the year that ended on March 31, 2024, from ₹2,366.3 crore in 2022–2023.
Recruitment Solutions, the company's largest billing contributor, increased slightly to ₹1883.2 crore in the reported fiscal year from ₹1,858.7 crore in the fiscal year 2023. "Exciting news! Mint is now on WhatsApp Channels
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