Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect next
- Source
- The Economic Times - General
- Source link
- https://economictimes.indiatimes.com/markets/stocks/news/info-edge-shares-jump-4-after-strong-q1-show-what-nomura-nuvama-and-other-brokerages-expect-next/articleshow/133142727.cms
- Published
- 2026-08-11 05:06:49
- Discovered by ProcIntel
- 2026-08-11 10:41:24
- Category
- Procurement & Supply Chain News
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-year to Rs 490 crore. Recruitment billings grew 17.5%, while operating profit rose 25%. Nomura, Nuvama and Motilal Oswal retained their respective ratings, with Nomura and Nuvama maintaining Buy calls and raising target prices.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-08-11 10:41:24
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.