Equity / Stocks - Info Edge India Ltd in MARKETS - CMP: 345
Info Edge (India) Limited operates an online job posting website. The website offers services for recruiters, job seekers, ...
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10-22-2011 10:26 PM
Info Edge India Ltd
CMP: 345
Info Edge (India) Limited operates an online job posting website. The website offers services for recruiters, job seekers, and employers. The Company also operates an online matrimonial website for prospective brides, grooms, and relatives.
Info Edge is a good buy in a unique mid-cap space. Its currently trading at a P/E of 40 due to its unique presence. Minimal liability. Revenues have grown steadily from 139 Crores to 294 Crores over the last 5 years. Profits have grown more from 27 Crores to 83 Crores backed by NPM growth. NPM has moved up strongly from 19% to almost 29% over 5 years. Buy and hold for long term gains.
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