INFOE
from 1,282 today
Info Edge delivered a better 1QFY27 with standalone revenue rising 12% YoY and billings growing 14%, led by Recruitment and 99acres. We reiterate our Neutral rating with a TP of INR1,250, implying a 2.5% downside.
Retain BUY; TP raised to INR 1,500 given a better margin outlook. Recruitment billing grew 17.5% YoY, driven by enterprise renewals, premium hiring demand and AI-led offerings.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
