Info Edge Share Price: Share price of Info Edge falls as Sensex gains 107.94 points

The share price of (India) Ltd. dropped 2.05 per cent to Rs 6160.3 at 02:13PM (IST) in Friday’s trade. The counter has hit a high of Rs 6299.0 and low of Rs 6129.3 so far during the session. The stock had closed at Rs 6289.55 in the previous session.

The counter has had a total traded volume of 12040 shares so far with a value of Rs 7.42 crore on the NSE. It traded at a price-to-earnings multiple of 54.18 and a price-to-book ratio of 12.04.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 79.46 per cent during the past one year, while the 30-share index advanced 49.0 per cent during the same period.

Info Edge (India) Ltd. belongs to the Online Service/Marketplace industry.


Promotor/FII Holding

Promoters held 38.41 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 37.74 per cent and 11.35 per cent, respectively.

Key Financials

The firm reported consolidated net sales of Rs 380.14 crore for the quarter ended 30-Jun-2021, 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.

Profit for the latest quarter stood at Rs 152.34 crore, up 62.64 per cent from the same quarter a year ago.

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