Sell Info Edge (India), price target Rs 1,900: Jayesh Bhanushali

Jayesh Bhanushali of IIFL has a sell call on Info Edge (India) Ltd. with a target price of Rs 1900.0 . The current price of Info Edge (India) Ltd. is Rs 1982.85 Time period given by the analyst is Intra Day when Info Edge (India) Ltd. price can reach defined target. . Jayesh Bhanushali recommended to keep a stoploss at Rs 2060 .

Info Edge (India) Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 24293.12 crore, operating in services sector.

Info Edge (India) Ltd. key Products/Revenue Segments include sale of services which contributed Rs 1098.26 crore to sales value (100 per cent of total sales)for the year ending 31-Mar-2019.


For the quarter ended 31-12-2019, the company has reported consolidated sales of Rs 335.06 crore, up 1.67 per cent from last quarter sales of Rs 329.54 crore and up 15.52 per cent from last year same quarter sales of Rs 290.04 crore. The company has reported net profit after tax of Rs 85.39 crore in the latest quarter.