Nomura has reiterated its ‘Buy’ rating on Info Edge, setting a target price of ₹8,630 per share, indicating a potential 13% upside from the current market price (CMP) of ₹7,630. The brokerage notes a healthy rebound in the recruitment vertical and stable billing growth in the real estate business. Additionally, the matrimony and education segments continue to show growth. However, Nomura has reduced its FY26-27 earnings per share (EPS) estimates by 5%.
Disclaimer: This information is for informational purposes only and does not constitute financial advice.
