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    Share price of Info Edge falls as Sensex drops 25.69 points

    Synopsis

    Promoters held 38.41 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 37.74 per cent and 11.35 per cent, respectively.

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    Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
    The share price of (India) Ltd. dropped 1.43 per cent to Rs 5313.0 at 01:31PM (IST) in Monday's trade. The counter has hit a high of Rs 5392.9 and low of Rs 5308.75 so far during the session. The stock had closed at Rs 5389.85 in the previous session.

    The counter has had a total traded volume of 3971 shares so far with a value of Rs 2.12 crore on the NSE. It traded at a price-to-earnings multiple of 48.7 and a price-to-book ratio of 12.04.

    A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

    Did you Know?

    Stock score of Info Edge (India) Ltd moved down by 1 in a month on a 10-point scale.

    View Latest Stock Report »

    The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

    The scrip gained 60.46 per cent during the past one year, while the 30-share index advanced 44.04 per cent during the same period.

    Info Edge (India) Ltd. belongs to the Online Service/Marketplace industry.

    Promotor/FII Holding
    Promoters held 38.41 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 37.74 per cent and 11.35 per cent, respectively.

    Key Financials
    The company reported consolidated sales of Rs 359.33 crore for the quarter ended 31-Mar-2021, up 15.39 per cent from the previous quarter's Rs 311.42 crore and up 2.78 per cent from the year-ago quarter's Rs 349.6 crore.

    Profit for the latest quarter stood at Rs 306.22 crore, up 157.12 per cent from the same quarter a year ago.
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