Info Edge Share Price: Info Edge declines 0.39% as Sensex slides

Shares of (India) Ltd. traded at Rs 6605.85 on BSE at 12:29PM (IST) on Tuesday, down 0.39 per cent from previous close.

The stock quoted a 52-week low price of Rs 3362.05 and a high of Rs 6984.95.

Earlier, shares of the company saw a gap up opening in the morning.



A total of 3,269 lakh shares changed hands on the counter till 12:29PM (IST).

The stock of Info Edge (India) Ltd. commanded a market value of Rs 85190.7 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 58.12, while the price-to-book value ratio stood at 10.07. Return on equity (ROE) was at 25.77 per cent, according to exchange data.

In the BSE500 pack, 221 stocks traded in the green, while 279 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 30-Jun-2021 while foreign portfolio investors and domestic institutional investors owned 37.74 per cent and 11.35 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 5183.62 on October 12, while the 50-DMA was at 6140.06. 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