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