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Info Edge Shares: This expensive share will be divided into many small pieces! Board will decide on February 5, 3% jumped price – Nakridotom info edge share price Gains 3 percetic as board to consider stock split on February 5

Info edge shares: Jobdotcom’s parent company Info Edge is preparing to divide its shares into small pieces. The company has called a meeting of its Board of Directors on 5 February for this. After this news, the shares of this company led by Sanjeev Bhikchandani jumped up to 3 per cent in early trade.

Info Age said in a notice sent to the stock markets on Thursday 30 January, “We want to inform you that a meeting of our Board of Directors has been called on 5 February 2024. In this meeting, the company’s face of 10 rupees of other subjects is 10 rupees It will be considered to split the existing shares with value into small pieces. ” Apart from this, during this meeting, the members of the board will also approve the results of the company’s December quarter.

Around 12.45 pm, Info Edge shares were trading at a price of Rs 7,620.95 with a gain of 2.36 per cent on NSE. In January, the company’s shares have fallen by about 12.72 per cent so far. However, it has given excellent returns of more than 55 per cent during the last one year.

Infose’s shares are currently trading up about 57 per cent from Rs 4,871, their 52-week low. At the same time, it is trading below 17 percent from its 52 -week highest level of Rs 9,195.

Info Age earlier said in a business update that his standalone billing increased by 15.8 percent to Rs 668.3 crore in the December quarter, which was Rs 576.9 crore in the same quarter last year. In its business segment, the recruitment solutions increased by 15.17 per cent to Rs 494 crore on a annual basis, which was Rs 428.9 crore in the same quarter a year ago. At the same time, 99acres saw a growth of 16 percent on an annual basis and it increased from Rs 88.4 crore to Rs 102.6 crore.

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