Infoedge which is running Shaadi.com and Naukri.com is one of the India’s leading platform, Here the Price Projection of Inoedge is Maintained Neutral on the Target Price of Rs 5440.
The Reason behind Maintaining Neutral price is the competition it is getting from its competitor. Infoedge is having 18.4% stake in Zomato. It will get the competition from the much awaited Food Delivery service (Amazon Food). It is being started in Bangalore.