The stock quoted a 52-week low price of Rs 3461.3 and a high of Rs 5536.8.
Earlier, the stock saw a gap down opening in the morning.
A total of 7,782 lakh shares changed hands on the counter till 02:10PM (IST).
The stock of Info Edge (India) Ltd. commanded a market value of Rs 67885.26 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 280.53, while the price-to-book value ratio stood at 3.59. Return on equity (ROE) was at -0.81 per cent, according to exchange data. In the BSE500 pack, 357 stocks traded in the green, while 143 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 37.91 per cent in Info Edge (India) Ltd. as of 31-Dec-2023 while foreign portfolio investors and domestic institutional investors owned 30.47 per cent and 11.97 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 4689.2 on March 22, while the 50-DMA was at 5197.38. 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.
