3 stories mentioning NSE:NAUKRIUpdated 24d ago
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Info Edge (India) (NSE:NAUKRI, BOM: 532777) has an average rating of overweight and mean price target of 1,358.11 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Info Edge (India)'s (NSE:NAUKRI, BOM:532777) consolidated attributable profit increased to 5.66 billion Indian rupees in the fiscal fourth quarter ended March 31, from 4.63 billion rupees a year ago.Earnings per share came in at 8.72 rupees from 7.14 rupees a year earlier, the online classifieds company said in a filing to the Indian stock exchanges on Friday.Revenue from operations in fiscal Q4 also rose to 8.69 billion rupees from 7.50 billion rupees a year ago.The company's board recommended a final dividend of 3.60 rupees per equity share of face value of 2 rupees per equity share for the financial year ended March 31.Info Edge's shares were up 5% in recent trade.
Info Edge (India) (NSE:NAUKRI, BOM:532777) has received board approval to invest an additional 100 million Indian rupees in its wholly-owned subsidiary Smartweb Internet Services, according to a Friday filing to the Indian stock exchanges.The company has agreed to acquire 1 million 0.0001% compulsorily convertible debentures having a face value of 100 rupees each, for its investment.The additional investment will be made in 30 days, and it will allow Smartweb to meet its funding requirements and strengthen its financial position.Smartweb is engaged in the business of providing all kinds of internet services, and acts as an investment advisor, financial consultant, management consultant, investment manager, and sponsor of alternative investment funds.
