Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

We zoom in on the prospects of Tata Steel, as also of two other stocks — Ramkrishna Forgings and Info Edge (India)

Tech Query: Has the downtrend in Tata Steel reversed?

Read today’s Business News Live Updates on January 24, 2023: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour

Business news Live Updates: Info Edge completes acquires Gramophone

Life Insurance Corporation of India (LIC) disclosed that it increased its stake in Info Edge (India) to 5.008% from 4.988% and in Gail (India) to 6.833% from 4.815% earlier.

LIC raises stake in Info Edge (India), Gail (India)

The Indian state-owned insurance group and investment company, Life Insurance Corporation (LIC) has announced today that its shareholding in Info Edge (India) Ltd has increased from 64,43,921 to 64,69,921 equity shares increasing its shareholding from 4.988% to 5.008%

LIC’s raises its stake in Info Edge crosses 5% mark through an open market deal

ICICI Direct recommended hold rating on Info Edge (India) with a target price of Rs 4590 in its research report dated November 15, 2022.

Hold Info Edge (India); target of Rs 4590: ICICI Direct

Veteran entrepreneur and investor Sanjeev Bikhchandani, Founder and Executive Vice Chairman of Info Edge, shared his outlook for India’s booming digital economy in a conversation hosted by ET Digital ahead of the ‘MAMA India - The Digital Bharat 2.0’ event by global attribution and marketing analyti…

MAMA India - The Digital Bharat 2.0. Sanjeev Bikhchandani gives his outlook on India’s digital economy

Veteran entrepreneur and investor Sanjeev Bikhchandani, Founder and Executive Vice Chairman of Info Edge, shared his outlook for India’s booming digital economy in a conversation hosted by ET Digital ahead of the ‘MAMA India - The Digital Bharat 2.0’ event by global attribution and marketing analytics leader, AppsFlyer. The event aims to bring together top Indian startups, founders, product leaders, mobile marketing heads, and app developers for conversations and connections to help businesses tap the opportunities in India’s fast-growing mobile app economy.

MAMA India - The Digital Bharat 2.0: Sanjeev Bikhchandani shares insights on India's digital economy

Motilal Oswal recommended Neutral rating on Info Edge (India) with a target price of Rs 4020 in its research report dated November 15, 2022.

Neutral Info Edge (India); target of Rs 4020: Motilal Oswal

Emami (Rs 4 per share), Sun TV (Rs 3.75 per share), Gujarat Pipavav (Rs 2.70 per share), LA Opala RG (Rs 2 per share) and Astral (Rs 1.25 per share) will go ex-dividend today

Gujarat Pipavav, Info Edge, Sun TV, Emami, HAL & MSTC among 13 stocks to go ex-dividend today

Based on the open interest future percentage, there were 88 stocks in which a short build-up was seen including Aarti Industries, Metropolis Healthcare, Amara Raja Batteries, Info Edge, and Muthoot Finance.

Trade setup for today: Top 15 things to know before the opening bell

Stock Market News Live: Sensex and Nifty traded lower in Thursday’s deals amid weak global cues. Strong US retail sales data dampened the investor sentiment that the central bank would soften its pace of interest rate hikes.

Share Market News Live: Sensex, Nifty trade lower, Paytm, Info Edge, Nazara Tech drop up to 9%

Info Edge (India) Limited is a holding company involved in online classifieds business. Its segments include Recruitment Solutions, 99acres, Online Restaurant Discovery and Others. The Others segment includes Jeevansathi and Shiksha services.

Info Edge (India) Ltd

Info Edge (India) Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tech Query: Has the downtrend in Tata Steel reversed?

Business news Live Updates: Info Edge completes acquires Gramophone

LIC raises stake in Info Edge (India), Gail (India)

LIC’s raises its stake in Info Edge crosses 5% mark through an open market deal

Hold Info Edge (India); target of Rs 4590: ICICI Direct

MAMA India - The Digital Bharat 2.0. Sanjeev Bikhchandani gives his outlook on India’s digital economy

News Video

MAMA India - The Digital Bharat 2.0: Sanjeev Bikhchandani shares insights on India's digital economy

Neutral Info Edge (India); target of Rs 4020: Motilal Oswal

Info Edge (India) Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Tech Query: Has the downtrend in Tata Steel reversed?

Business news Live Updates: Info Edge completes acquires Gramophone

LIC raises stake in Info Edge (India), Gail (India)

LIC’s raises its stake in Info Edge crosses 5% mark through an open market deal

Hold Info Edge (India); target of Rs 4590: ICICI Direct

MAMA India - The Digital Bharat 2.0. Sanjeev Bikhchandani gives his outlook on India’s digital economy

News Video

MAMA India - The Digital Bharat 2.0: Sanjeev Bikhchandani shares insights on India's digital economy

Neutral Info Edge (India); target of Rs 4020: Motilal Oswal

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock