6953.5000 14.50 (0.21%)
NSE Apr 22, 2025 15:31 PM
Volume: 182.1K
 

6953.50
0.21%
ICICI Securities Limited
As we anticipated in mid-Jun-21 (link), hiring across sectors has witnessed a robust pickup. Net EPFO additions in Jun-21 were ~85% higher than the pre-covid run-rate. RBI's Aug-21 State of the economy' report (link) hints at up to ~38% YoY salary hikes across sectors the best in 15 years. Resignations and voluntary retirements too are surging in line with global trends. Rethinking of work' by employees is driving massive supply-demand mismatch across industries further boosting the need for search' platforms like Naukri. We foresee an employees' job market for at least 12-18 months (vs employers' market for 5+ years now)....
Info Edge (India) Ltd. has an average target of 7931.50 from 4 brokers.
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