InfoEdge (Naukri) hold or sell

Originally Posted by ranga2727

I am currently holding few shares of infoedge @369 what is your view on this stock. Please advise.

Thanks

Hi Ranga,

I had written about Info Edge a year back. Click Here to read the existing thread about it ...

It is a safe stock with no debt and good cash reserves ... Recent quarter result has been good and i would advise you to hold. Meanwhile, also look to diversify your investment into other good stocks as well.

In case you are interested, you can read my Book. It has recommendations on 10 stocks which are evergreen and good for long term investments ...

Cheers!
Mani

Yes. Mani i have your book, with this i thought of investing in infoedge as there was no debt and good cash reserves. hence i choosed to invest some money in this..

Thanks for your suggestion...