Info Edge share price: Info Edge declines 2.77% as Sensex slides

Shares of (India) Ltd. traded at Rs 5313.85 on BSE at 01:16PM (IST) on Wednesday, down 2.77 per cent from previous close.

The stock quoted a 52-week low price of Rs 3220.05 and a high of Rs 5876.05.

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

A total of 43,553 lakh shares changed hands on the counter till 01:16PM (IST).

The stock of Info Edge (India) Ltd. commanded a market value of Rs 68497.7 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 48.68, while the price-to-book value ratio stood at 12.04. Return on equity (ROE) was at 25.77 per cent, according to exchange data.

In the BSE500 pack, 109 stocks traded in the green, while 391 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 overseas 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 4701.43 on August 11, while the 50-DMA was at 5079.56. 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.

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