India's Info Edge falls as June-quarter billings drop sequentially

Info Edge (India)

07/07/2025 07:36

** India's Info Edge INED.NS drops 4.6% to 1,418.50 rupees

** Job portal Naukri.com's parent reports 36.5% sequential decline in total recruitments in first-quarter

** However, on-year, recruitments climbed 9%

** Stock set for worst day in three months

** Avg rating of 19 analysts tracking INED at "buy"; median PT is 1,670 rupees - data compiled by LSEG

** Stock extends YTD losses to 18%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))