NSE: NAUKRI · 23 October 2026
- Info Edge (I) Ltd (NAUKRI) declined by 2.55% during the trading session, settling at ₹1,186.50 after moving between an intraday high of ₹1,229.80 and a low of ₹1,177.60. The stock opened at ₹1,228.00, slightly higher than its previous close of ₹1,217.50, but drifted lower as the session progressed.
- Info Edge announced that its wholly-owned subsidiary, Startup Investments (Holding) Ltd, agreed to make a primary investment of about ₹5 crores in Bizcrum Infotech Private Limited (Bijnis) via Series B2 Compulsorily Convertible Preference Shares. Following this primary subscription, Info Edge's aggregate shareholding in Bijnis on a fully converted and diluted basis is expected to reach 20.12%. Bijnis operates a B2B marketplace and quick commerce platform for footwear, apparel, and allied fashion categories.
- Trading volume was 0.66 times the 20-day average daily volume.
Why is Info Edge (I) share price falling on 23 October 2026?
Info Edge (I) Ltd (NAUKRI) declined by 2.55% during the trading session, settling at ₹1,186.50 after moving between an intraday high of ₹1,229.80 and a low of ₹1,177.60. The stock opened at ₹1,228.00, slightly higher than its previous close of ₹1,217.50, but drifted lower as the session progressed.
The broader market and sector benchmarks mirrored a negative bias, providing broader contextual pressure for the stock's pullback. The Nifty index declined by 0.39%, while the Nifty India Internet ETF proxy sector benchmark fell more steeply by 2.22%, indicating that online classified and internet stocks faced heavier selling pressure during the session. Info Edge's intraday retracement aligns with this sector-wide weakness, while its recent performance shows a 5-day return of -3.94% and a 20-day return of -8.52%, pointing to ongoing consolidation over the past month.
Company disclosures from the filing history indicate active corporate developments, including a recent primary investment agreement by its wholly-owned subsidiary Startup Investments (Holding) Ltd to acquire a stake in Bizcrum Infotech Private Limited (Bijnis), alongside ongoing capital restructuring initiatives. While these strategic updates highlight continued operational developments, there is no direct evidence to confirm that these corporate announcements served as an immediate single trigger for today's specific price movement.
9.95 lakh shares traded by 23 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 15.01 lakh shares (0.66 times). The five-day average daily volume was 11.79 lakh shares. Separately, the NSE report for 23 October 2026 showed 5.79 lakh shares delivered, representing 58.14% of that day’s traded volume. The same report recorded 28,013 trades.
The stock's 2.55% decline occurred alongside a broader sector downturn in internet stocks, which fell 2.22% on the benchmark proxy. With muted delivery volumes relative to recent averages and no direct catalyst linking today's corporate updates to the move, the decline appears consistent with sector-level pressure and ongoing short-term technical consolidation.
Latest Company Developments
Info Edge announced that its wholly-owned subsidiary, Startup Investments (Holding) Ltd, agreed to make a primary investment of about ₹5 crores in Bizcrum Infotech Private Limited (Bijnis) via Series B2 Compulsorily Convertible Preference Shares. Following this primary subscription, Info Edge's aggregate shareholding in Bijnis on a fully converted and diluted basis is expected to reach 20.12%. Bijnis operates a B2B marketplace and quick commerce platform for footwear, apparel, and allied fashion categories.
The transaction reinforces Info Edge's long-term external investment strategy in consumer internet and marketplace startups.
The company announced that Psila Tech Pte. Ltd., an indirect investee company in which Info Edge held a 13.38% stake through its wholly-owned subsidiary Redstart Labs, is undertaking a capital reduction transaction. Pursuant to the agreement, Redstart's shareholding in Psila will be reduced to 0%, resulting in Psila ceasing to be an indirect investee company.
It simplifies the company's indirect startup investment portfolio by completely exiting an underlying entity.
Info Edge released its standalone billings report for the quarter ended September 30, 2026, showing standalone billings growth of 12.8% year-on-year to ₹822.3 crores. Recruitment Solutions billings grew 12.6% to ₹613.8 crores, while 99acres billings expanded 21.2% to ₹148.3 crores compared to the corresponding period in the previous year.
Operating billings metrics provide early visibility into revenue momentum across the company's core classifieds business segments ahead of financial results.
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
'Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 17.86% on 30 September 2026. This compares with 19.21% on 30 June 2026, a change of -1.35 percentage points.
The filing reported 40 MF/UTI holders.
What to Watch Next
- Upcoming standalone and consolidated financial results scheduled for October 28, 2026
- Execution progress and completion timelines for the primary investment in Bizcrum Infotech
- Billings momentum and adoption trends in recruitment B2B AI products such as AI-Rex and Talent Pulse
- Performance and traffic share trends for 99acres within the real estate classifieds segment
Other Dated Coverage
- Info Edge (I) Share Price Today: Why NAUKRI Is Falling 3.49% | 19 October 2026 — 19 October 2026
- Info Edge in Focus After Subsidiary Investments and Postal Ballot Notice | 15 October 2026 — 15 October 2026
- Info Edge (I) Share Price Today: Why NAUKRI Is Rising 1.32% | 14 October 2026 — 14 October 2026
More Info Edge (I) news and dated analysis →
Frequently Asked Questions
What is the latest Info Edge (I) company news?
Info Edge announced that its wholly-owned subsidiary, Startup Investments (Holding) Ltd, agreed to make a primary investment of about ₹5 crores in Bizcrum Infotech Private Limited (Bijnis) via Series B2 Compulsorily Convertible Preference Shares. Following this primary subscription, Info Edge's aggregate shareholding in Bijnis on a fully converted and diluted basis is expected to reach 20.12%. Bijnis operates a B2B marketplace and quick commerce platform for footwear, apparel, and allied fashion categories.
How strong was Info Edge (I)’s trading volume?
9.95 lakh shares traded, 0.66 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.