The scrip opened at Rs 6698.0 and touched an intraday high and low of Rs 6763.55 and Rs 6665.45, respectively, in the session so far. The stock of Info Edge (India) Ltd. quoted a 52-week high of Rs 6984.95 and a 52-week low of Rs 3362.05.
As per BSE, the total market cap of the Info Edge (India) Ltd. stood at Rs 86559.03 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 380.14 crore for the quarter ended 30-Jun-2021, up 5.79 per cent from previous quarter’s Rs 359.33 crore and up 23.07 per cent from the year-ago quarter’s Rs 308.89 crore.
The net profit for latest quarter stood at Rs 152.34 crore, up 62.64 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 11.35 per cent stake in the firm, while foreign institutional investors held 37.74 per cent and the promoters 38.41 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 59.05 and a price-to-book ratio of 10.07. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Info Edge (India) Ltd. belongs to the Online Service/Marketplace industry.
