Info Edge Share Price: Info Edge share price down 0.18 per cent

Shares of (India) Ltd. traded 0.18 per cent up at Rs 6107.5 at around 12:59PM (IST) on Monday. The stock had closed at Rs 6118.35 in the previous session. Equity benchmark Sensex traded 275.58 points higher at 60343.2 around the same time.

The scrip has climbed 69.93 per cent in the last one year till date, while the 30-share index has gained 48.66 per cent during the same period.

The stock’s 52-week high price stood at Rs 7462.95 and the 52-week low price at Rs 3405.0.

Trading volume on the counter stood at 4,946 shares, while it quoted a price-to-earnings ratio of 53.54, an EPS value of 113.81 and a price-to-book value of 10.07. In the Nifty50 pack, 33 stocks traded in the green, while 17 stocks were in the red.

Promoter/FII Holding
Promoters held 38.4 per cent stake in the company as of 30-Sep-2021, while FII and MF ownership stood at 37.77 per cent and 10.96 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 380.14 crore, up 5.79 per cent from the previous quarter’s Rs 359.33 crore and up 23.07 per cent from the year-ago quarter’s Rs 308.89 crore. The company reported net profit of Rs 152.34 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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