Info Edge shares gain 2.52% as Sensex falls

Info Edge shares gain 2.52% as Sensex falls
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Synopsis

A total of 9,112 shares changed hands on the counter till 10:25AM (IST)

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
Shares of the (India) Ltd. traded at Rs 6515.45 on BSE at 10:25AM (IST) on Tuesday, up 2.52 per cent. The stock quoted a 52-week low price of Rs 3783.6 and a high of Rs 7462.95.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 9.88 times its trailing 12-month EPS of Rs 660.71 per share and 10.07 times its book value, as per BSE data.

A total of 9,112 shares changed hands on the counter till 10:25AM (IST). The stock commands a market value of Rs 84031.64 crore and is part of the Online Service/Marketplace industry.

The scrip has been an outperformer , up 67.8 per cent in the past one year in comparison with a 39.32 per cent gain in Sensex.

During the day, the stock moved between Rs 6537.6 and Rs 6330.55.

Promoter/FII Holding
Promoters held 38.4 per cent in the company as of 30-Sep-2021. FII and MF ownership in Info Edge (India) Ltd. stood at 37.77 per cent and 10.96 per cent, respectively.

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