Info Edge shares surged significantly after releasing its Q1 FY27 business update. The company reported a 14% increase in standalone billings for the quarter. Brokerages like Nomura and Goldman Sachs issued bullish calls and raised target prices. Naukri and 99acres showed strong billings growth during this period. This positive performance led to a substantial rise in Info Edge's market capitalization.

Info Edge shares rose sharply after the company reported a 14.4% year-on-year rise in Q1FY27 standalone billings, led by strong growth in its recruitment and real estate…

Info Edge reports a 14% rise in Q1 billings to ₹737 crore, driven by recruitment solutions growth.