This is India’s hottest internet company that’s behind Zomato, Naukri, Policybazaar & more

The Print | Nov 18, 2020 at 4:02 AM
  • As optimism about a coronavirus vaccine drives a shift away from technology shares, one such stock in India keeps rallying as market watchers bet its investments in startups will start to pay off.
  • Info Edge India Ltd. climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange’s 10-member IT index.
  • Apart from the potential to unlock value from investments in other online businesses, Info Edge’s niche position in India and bets that the technology and e-commerce trends boosted by the coronavirus will likely stay popular beyond the pandemic are also keeping buyers interested in the stock.