With the benchmark Sensex touching an all-time high, company insiders are on a selling spree. The management at Info Edge is no different. Info Edge has under its fold, job portal Naukri, matrimonial site jeevansathi, real estate site 99acres, educational portal Shiksha and a 46% holding in online food guide Zomato. The promoters included have sold 419,000 shares worth Rs.39 crore since the beginning of June.
Even as Amansa Capital’s Akash Prakash stays bullish, Info Edge management takes some money off the table
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