Info Edge shares gain 0.78% as Sensex rises

Info Edge shares gain 0.78% as Sensex rises
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Synopsis

A total of 5,766 shares changed hands on the counter till 11:26AM (IST)

Analysts see 15,900 to continue to pose as the immediate resistance.
Shares of the (India) Ltd. traded at Rs 5734.75 on BSE at 11:26AM (IST) on Wednesday, up 0.78 per cent. The stock quoted a 52-week low price of Rs 4027.0 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 8.68 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 5,766 shares changed hands on the counter till 11:26AM (IST). The stock commands a market value of Rs 73842.88 crore and is part of the Online Service/Marketplace industry.

The scrip has been an outperformer , up 34.29 per cent in the past one year in comparison with a 32.75 per cent gain in Sensex.

During the day, the stock moved between Rs 5790.0 and Rs 5712.15.

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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