ICICI Securities keeps 'buy' on Info Edge with ₹1,500 target

Business Aug 11, 2026

ICICI Securities is still bullish on Info Edge (India) Ltd. keeping its "buy" rating and a target price of ₹1,500 per share.

The main reasons? Recruitment billings are up, the B2C segment is growing fast, and their AI-powered products are making waves.

Info Edge recruitment billings up 17.5%

Recruitment billings jumped 17.5% year-over-year thanks to more enterprise renewals and higher demand for premium hiring.

The B2C side saw an even bigger boost: billings rose 35% as more users started paying for services.

Platforms like 99acres kept their lead in traffic, while Jeevansathi finally hit operating profit break-even.

Management also reassured investors that Naukri's control over its proprietary database keeps it inconsequential as an AI disintermediation risk.