Info Edge share price: Info Edge declines 1.31% as Sensex climbs

Shares of (India) Ltd. traded at Rs 4954.0 on BSE at 01:24PM (IST) on Thursday, down 1.31 per cent from previous close.

The stock quoted a 52-week low price of Rs 2270.0 and a high of Rs 5876.05.

Earlier, the stock saw a gap up opening in the morning.

A total of 7,704 lakh shares changed hands on the counter till 01:24PM (IST).

The stock of Info Edge (India) Ltd. commanded a market value of Rs 63773.9 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 52.28, while the price-to-book value ratio stood at 11.34. Return on equity (ROE) was at -11.02 per cent, according to exchange data.

In the BSE500 pack, 258 stocks traded in the green, while 242 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.56.

Promotor/FII Holding

Promoters held 38.41 per cent in Info Edge (India) Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 39.33 per cent and 10.32 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 4137.94 on April 29, while the 50-DMA was at 4809.67. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

Source Link