Info Edge Stock Price: Info Edge shares drop 5.52% as Sensex falls

Shares of (India) Ltd. traded 5.52 per cent down at Rs 4524.7 at 12:05PM (IST) on Monday, even as BSE benchmark Sensex dropped 1715.14 points to 47876.18. The scrip had closed at Rs 4789.0 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 5876.05 and Rs 2142.0, respectively.

As per BSE data, total traded volume on the counter till 12:05PM (IST) stood at 12:05PM shares with turnover at Rs 5.73 crore.

At the current price, shares of the company trades at 47.72 times its trailing 12-month EPS of Rs 94.88 per share and 11.34 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.56.


Shareholding Details

Promoters held 38.47 per cent stake in the company as of 31-Dec-2020, while FIIs owned 40.54 per cent and DIIs 11.4 per cent.

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