Info Edge shares drop 2.54% as Sensex falls

Info Edge shares drop 2.54% as Sensex falls
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A total of 12,763 shares changed hands on the counter till 11:21AM (IST)

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RSI has turned north from the 60 level, confirming bullishness.
Shares of the Info Edge (India) Ltd. traded at Rs 4297.4 on BSE at 11:21AM (IST) on Thursday, down 2.54 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 down opening.

At the prevailing price, the stock traded at 6.79 times its trailing 12-month EPS of Rs 633.53 per share and 10.07 times its book value, as per BSE data.

A total of 12,763 shares changed hands on the counter till 11:21AM (IST). The stock commands a market value of Rs 55383.61 crore and is part of the Online Service/Marketplace industry.

The scrip has been an underperformer , down 13.01 per cent in the past one year in comparison with a 6.94 per cent gain in Sensex.

During the day, the stock moved between Rs 4395.0 and Rs 4242.0.

Promoter/FII Holding
Promoters held 38.4 per cent in the company as of 31-Dec-2021. FII and MF ownership in Info Edge (India) Ltd. stood at 36.37 per cent and 11.04 per cent, respectively.

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