Info Edge (India) shares fell 3.3% despite a 12% YoY billing increase to Rs 650.3 crore for Q2. The company reported strong profit growth amid significant share price gains.
Carraro India turning the corner, offers an entry point
The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers.