Hot Stocks: Brokerages view on Honasa Consumer, Paytm, Info Edge and Birlasoft

Hot Stocks: Brokerages view on Honasa Consumer, Paytm, Info Edge and Birlasoft

Brokerage firm Jefferies maintained a buy rating on Honasa Consumer, ICICI Securities recommended a buy on Info Edge India, Geojit recommended a hold on Paytm and Sharekhan has a buy rating on Birlasoft. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Honasa Consumer: Buy| Target … Read more

Info Edge Q1 Results: PAT rises 35% YoY to Rs 200 crore, sales up 15%

Info Edge Q1 Results: PAT rises 35% YoY to Rs 200 crore, sales up 15%

MUMBAI – Info Edge India, which runs the popular site Naukri.com, reported a good set of numbers for the quarter ended June 2023, with net profit rising 35% year-on-year (YoY) to nearly Rs 200 crore. Revenue from operations grew 15% YoY to Rs 584 crore. Sequentially, the bottomline rose nearly 12%, and the topline increased … Read more

D-Mart vs Info Edge in tug of war to become next Nifty50 member

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MUMBAI: An unusual battle is brewing in the stock market. Its fate will decide who will become the next Nifty50 stock and be counted as part of the elite circle of India’s stock market. According to brokerage firm , there are two candidates to be included in the next reconstitution of the premier stock index … Read more