
Shares of Info Edge (India) Ltd. traded 1.27 per cent higher in Wednesday's session at 10:35AM (IST). The stock opened at Rs 5020.0 and has touched an intraday high and low of Rs 5075.0 and Rs 4956.0, respectively, during the session so far.
The stock quoted a 52-week high of Rs 7462.95 and a 52-week low of 4027.0. About 8,728 shares changed hands on the counter so far.
Benchmark Nifty50 was up 150.25 points at 17727.10, while the BSE Sensex traded 500.45 points higher at 59363.02 at the time of writing of this report.
In the Nifty pack, 42 stocks traded the day in the green, while 8 were in the red.
Key Financials
For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 409.75 crore, up 7.79 per cent from the previous quarter's Rs 380.14 crore and up 41.35 per cent from the year-ago quarter. The company reported net profit of Rs 7371.22 crore for the latest quarter.
Promoter Holdings
Promoters held 38.4 per cent stake in the company as of 31-Dec-2021, while FIIs held 36.37 per cent and MFs 11.04 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 5522.05 on February 02, while the 50-DMA was at Rs 5426.59. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
The stock quoted a 52-week high of Rs 7462.95 and a 52-week low of 4027.0. About 8,728 shares changed hands on the counter so far.
Benchmark Nifty50 was up 150.25 points at 17727.10, while the BSE Sensex traded 500.45 points higher at 59363.02 at the time of writing of this report.
In the Nifty pack, 42 stocks traded the day in the green, while 8 were in the red.
Key Financials
For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 409.75 crore, up 7.79 per cent from the previous quarter's Rs 380.14 crore and up 41.35 per cent from the year-ago quarter. The company reported net profit of Rs 7371.22 crore for the latest quarter.
Promoter Holdings
Promoters held 38.4 per cent stake in the company as of 31-Dec-2021, while FIIs held 36.37 per cent and MFs 11.04 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 5522.05 on February 02, while the 50-DMA was at Rs 5426.59. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by