Info Edge (India)

NAUKRI is trading at ₹1,191.90 on 2026-11-06, positioned in a short-term downtrend within a broader monthly bullish structure. Daily momentum is weak, with the price below its 20-period and 50-period moving averages and the Supertrend signaling bearish conditions (ADX 22.33). This contrasts sharply with the monthly horizon, where the Supertrend remains bullish and ADX stands at 51.03, indicating strong underlying trend conviction despite recent price weakness. The stock is near the lower end of its 50-day range (+22.9%) but sits around the middle of its 252-day range (+57.4%). A significant volume anomaly occurred on 2026-10-28, marked by extreme downward pressure with a 2.73x volume ratio and -2.2% return. Risk remains elevated, with annualized volatility at +32.8% and a current drawdown of -34.0%. Immediate resistance lies at ₹1,193.17 (0.11% above), while support is found at ₹1,180.22 (-0.98% below).

NAUKRI has filed an interim dividend of ₹3 per share, with a record date of 06-Nov-2026. The company's face value is ₹2, meaning the dividend represents a 150% payout relative to the nominal value of each equity share. This corporate action signals a distribution of cash to shareholders as of the specified record date.

Info Edge (India) reported a sharp acceleration in profitability for Q2 FY2026-27, with net profit rising to ₹650 crore from ₹490 crore in Q1. Revenue from operations grew sequentially to ₹904 crore, supported by strong operating leverage as expenses rose only marginally to ₹589 crore. This resulted in Profit Before Tax jumping to ₹744 crore, up from ₹628 crore, and EPS increasing to ₹7.4 per share. Over the trailing twelve months, sales growth has stabilized at 13%, while compounded profit growth remains robust at 26% TTM.

Financial health is characterized by high cash generation and deleveraging. Cash from Operating Activity reached ₹1,076 crore for Mar 2026, though CFO/EBITDA conversion moderated to 118% from historical highs of ~140%. The company continues to reduce borrowings, which fell to ₹242 crore as of Sep 2026, while maintaining a significant investment portfolio of ₹52,150 crore. Working capital efficiency improved, with the Cash Conversion Cycle dropping to 1 day in Mar 2026. Shareholding patterns show a shift towards domestic institutional investors (DIIs rose to 26.81%), while promoter stakes slightly diluted to 37.19%.

A key observation is the composition of income: Other Income surged to ₹432 crore in Q2, significantly contributing to total income of ₹1,332 crore against operational revenue of ₹904 crore. While assets decreased to ₹57,148 crore due to investment redeployment or write-downs, the core operating engine remains profitable and cash-generative.

Info Edge (India) faces significant near-term downside pressure, evidenced by a bearish daily technical trend and substantial price erosion. The stock closed at ₹1,191.90 on November 6, 2026, with the daily Supertrend signaling bearish momentum and moving averages (20-day and 50-day) showing negative slopes of -4.93 and -16.72 respectively over the last five periods. This short-term weakness contrasts with a bullish monthly Supertrend, suggesting a potential intermediate correction within a longer-term uptrend.

Performance metrics highlight persistent headwinds: the stock is down 10.2% over the past year and 11.1% year-to-date. More critically, the current drawdown stands at -34.0%, approaching the historical maximum drawdown of -48.7%. Volatility remains elevated, with an annualized volatility of +32.8% and an Average True Range (ATR) of 3.67%, indicating significant price fluctuation risk. Immediate resistance is tight at ₹1,193.17 (0.11% above), while support lies at ₹1,180.22 (0.98% below). A break below this support level could expose the stock to further declines toward ₹1,168.83.