 "Zomato")
Recovery in the core business and potential value unlocking for shareholders with the initial public offer (IPO) of online food delivery start-up Zomato have triggered a sharp rally in the shares of Info Edge.
The stock, which corrected from its intra-day all-time high of Rs 5,875.05 to end at Rs 5,044.45 on Friday, is still up 42 per cent since the beginning of November and has more than tripled from its March 23 lows of Rs 1,580.
Info Edge is one of the key players in India’s online classifieds industry on the back of its well-established classifieds and related services offerings in
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