Info Edge declines 0.57% as Sensex slides

Info Edge declines 0.57% as Sensex slides
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

The stock traded at a P/E multiple of 7.59, while the price-to-book value ratio stood at 10.07.

ThinkStock Photos
Shares of Info Edge (India) Ltd. traded at Rs 4815.9 on BSE at 11:57AM (IST) on Monday, down 0.57 per cent from previous close.

The scrip quoted a 52-week low price of Rs 4027.0 and a high of Rs 7462.95.

Earlier, the stock saw a opening in the morning.

A total of 6,075 lakh shares changed hands on the counter till 11:57AM (IST).

The stock of Info Edge (India) Ltd. commanded a market value of Rs 61893.65 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 7.59, while the price-to-book value ratio stood at 10.07. Return on equity (ROE) was at 25.77 per cent, according to exchange data.

In the BSE500 pack, 141 stocks traded in the green, while 359 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.56.

Promotor/FII Holding
Promoters held 38.4 per cent in Info Edge (India) Ltd. as of 31-Dec-2021 while foreign portfolio investors and domestic institutional investors owned 36.37 per cent and 11.04 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 5524.96 on February 07, while the 50-DMA was at 5365.21. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read 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.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by