Info Edge share price jumped nearly 4% in reaction to the performance of Eternal (Zomato) Q1 Results. Info Edge India held a 12.38% stake in the company, which equates to more than 119 crore shares.
With a strong commentary from management, Eternal shares reached an all-time high, becoming the standout stock, as optimism surrounding the quick-commerce company grew. In line with this, Info Edge shares rose in response to the favourable sentiment around the food delivery platform’s stock.
