The counter opened at Rs 5467.0 and touched an intraday high and low of Rs 5470.0 and Rs 5329.3, respectively, in the session so far. The stock of Info Edge (India) Ltd. quoted a 52-week high of Rs 5876.05 and a 52-week low of Rs 3220.05.
Total market cap of the Info Edge (India) Ltd. stood at Rs 69826.75 crore at the time of writing this report.
Key Financials
The company reported consolidated 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, DIIs held 11.35 per cent stake in the company, 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 P/E multiple of 47.64 and a price-to-book ratio of 12.04. 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.
