Info Edge, parent of Naukri, plans its first stock split to boost liquidity and retail investment.

Info Edge, parent company of job site Naukri, plans its first stock split at a 1:5 ratio to boost liquidity and retail investor participation. The company reported a 60.6% year-over-year increase in Q3 net profit to Rs 242.59 crore, with revenue up 15.2% to Rs 722.39 crore. The recruitment business grew 15%, while other segments like 99Acres and Shiksha also showed growth.

2 months ago
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