Info Edge Share Price: Info Edge stock price down 0.42 per cent as Sensex climbs

Shares of (India) Ltd. fell 0.42 per cent to Rs 5839.55 at 10:56AM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 14,432 shares with a turnover of Rs 8.3 crore till 10:56AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 8.85, 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. The stock hit an intraday high of Rs 5913.3 and a low of Rs 5636.2 during the session and quoted a 52-week high price of Rs 7462.95 and a 52-week low of Rs 4027.0.



The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.56.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 5394.61 on November 29, while the 50-DMA was at Rs 6429.66. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 36.12. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Sep-2021, promoters held 38.4 per cent stake in the company, while foreign institutional investors held 37.77 per cent and domestic institutional investors had 13.61 per cent.

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