May 25: Shares of Info Edge (India) Ltd witnessed a sharp decline of more than 5% in trading, slipping to a fresh 52-week low and extending their recent losing streak.
The stock came under sustained selling pressure during the session, with investors continuing to book profits amid broader weakness in technology and internet-related counters. The decline also reflected cautious market sentiment, as traders reacted to concerns around valuation comfort, growth momentum, and overall sector performance.
The fall marks a significant low point for the stock over the past year, prompting increased attention from market participants. Analysts note that in the near term, volatility may persist, with price movement likely to remain influenced by overall market direction and sector-specific cues.
While the short-term trend appears weak, long-term performance will depend on the company’s ability to maintain steady growth across its core platforms, including recruitment and digital services, along with sustained demand in its key business segments.