Info Edge shares rally 19% in 2 days after Q1 update. Here’s what Nomura, Goldman Sachs, other brokerages
- Posted on July 8, 2026
- By Business News Today
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- 1 min read
Info Edge shares rally 19% in 2 days after Q1 update. Here’s what Nomura, Goldman Sachs, other brokerages
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.
