Advertisement. Remove ads.
Info Edge shares are testing a crucial support zone between ₹1,420 and ₹1,445, according to SEBI-registered research firm Financial Sarthis.
At the time of writing, Info Edge shares were trading at ₹1,453.00, down ₹20.50 or 1.39% on the day.
The firm identified that the previously established resistance level in August-September 2024 became strong support during March and May 2025, with multiple price rejections underscoring its importance as a demand zone.
The analyst identified resistance between ₹1,490 and ₹1,510, where price movements showed difficulty closing above these levels during recent tight market consolidation and upper wick rejections.
Financial Sarthis said a sustained breakout above ₹1,510 with increased volume could trigger mild bullish momentum.
The firm advised investors to watch these critical levels closely, suggesting that maintaining support and breaking resistance are key indicators for a potential upward trend in Info Edge shares.
Info Edge (India) reported an 83% quarter-on-quarter rise in consolidated net profit to ₹463 crore in the fourth-quarter (Q4), aided by an exceptional gain of ₹25.5 crore.
Meanwhile, revenue rose 4% sequentially to ₹750 crore, and core profit stood at ₹248 crore with a margin of 33.1%.
On Stocktwits, retail sentiment was ‘neutral’ amid ‘normal’ message volume.
The stock has declined 16.8% so far in 2025.
For updates and corrections, email newsroom[at]stocktwits[dot]com.