Info Edge shares surge 11% after Q1FY27 billings rise 14% YoY

Published 7 July 2026 · finance

Shares of Info Edge (India) surged 11.05% to Rs 1,138.50 during Tuesday’s trading session after the company reported a strong operational performance for the quarter

Shares of Info Edge (India) surged 11.05% to Rs 1,138.50 during Tuesday’s trading session after the company reported a strong operational performance for the quarter ended June 30, 2026. The sharp rally reflected investor optimism following healthy year-on-year growth in standalone billings and continued momentum across its key business verticals.The company’s standalone billings for Q1 FY27 stood at Rs 737 crore, compared with Rs 644.2 crore in the corresponding quarter last year, marking a growth of approximately 14.4% year-on-year. The performance highlights sustained demand across Info Edge’s core businesses and improved execution across its digital platforms.The company’s flagship Recruitment Solutions business remained the key growth driver during the quarter, with billings rising to Rs 552.7 crore from Rs 470.3 crore in Q1 FY26.

The segment continues to benefit from steady hiring activity and strong adoption of online recruitment solutions.The 99acres real estate platform also maintained its upward trajectory, with billings increasing to Rs 110.1 crore during Q1 FY27 from Rs 94.4 crore in the same period last year.The Jeevansathi business reported steady improvement, with billings climbing to Rs 39.6 crore from Rs 34.7 crore year-on-year. Meanwhile, the Shiksha segment recorded billings of Rs 34.6 crore, compared with Rs 44.8 crore in the previous year’s quarter.Expansion Push Through Coding Ninjas AcquisitionAdding to the positive sentiment, Info Edge recently announced the acquisition of edtech platform Coding Ninjas. In an exchange filing dated July 6, the company said it will acquire the remaining stake in Sunrise Mentors, the entity operating Coding Ninjas, from its founders.Under the agreement, Info Edge will purchase 74,741 equity shares at Rs 5,340.23 per share, involving a total consideration of around Rs 39.91 crore.

Following the transaction, Coding Ninjas will become a wholly owned subsidiary of Info Edge, held directly and through its subsidiary Startup Investments (Holding).The company also announced plans to commit an additional Rs 180 crore to its startup investment fund, reinforcing its focus on backing emerging technology-driven businesses.Stock Performance and Valuation SnapshotInfo Edge shares touched an intraday high of Rs 1,144.50 on the NSE. The stock’s 52-week high stands at Rs 1,489, while its current market capitalisation is around Rs 67,630 crore. From a valuation perspective, the company is trading at a price-to-earnings (P/E) ratio of 45.85 and a price-to-book (P/B) ratio of 1.64.Technical OutlookOn the technical front, Info Edge’s 14-day Relative Strength Index (RSI) stands at 57.8, indicating moderate positive momentum.