Info Edge

opagarwal's picture

Wait for better entry point on Info Edge India Ltd

Info edge is the holding company of Naukri.com and other internet portals jeevansathi, shiksha , 99 acres and allcheckdeals . Company is valued at 2000 cr with sales of around 200 cr.

Company has 322 cr in bank deposits.

The price to earning is high at 42. Since there is no debt the stock is fully priced at current level. If the company can show improvement on jeevansathi and 99 acres portal , there is more potential.

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