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Info Edge India Lists at 50% premium

Tuesday, November 21, 2006

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India first pure Internet Play, Info edge India Ltd - NAUKRI listed at 50% premium to its offer price. The stock is currently trading at Rs580. We advise to BOOK Profits for investors who have been allotted in the IPO as valuations look overstretched at these rates and don't justify its earnings potential.

Tags: Dalal Street, Naukri, Info Edge,IPO India

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