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The Economic Times
The Economic Times
Debaroti Adhikary

Info Edge shares rally 19% in 2 days after Q1 update. Here’s what Nomura, Goldman Sachs, other brokerages say

Info Edge Nomura Goldman Sachs Naukri NSE

Shares of Naukri-parent Info Edge sharply surged another 5% on Wednesday, extending a 19% rally in just two days after the company released its quarterly business update for Q1 FY27, with brokerages issuing bullish calls for the stock.

The company's shares jumped to Rs 1,217.80 apiece on the NSE on Wednesday, the highest level seen by the stock in around five months. The sharp gains over the two sessions added more than Rs 12,456 crore to the company’s market capitalisation, pulling it up to nearly Rs 78,740 crore.

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