Getty ImagesShares of Info Edge (India) Ltd. traded 2.72 per cent down at Rs 4621.0 at 01:03PM (IST) on Monday, even as BSE benchmark Sensex dropped 1422.25 points to 56916.68.
The scrip had settled at Rs 4750.0 in the previous session. The stock quoted a 52-week high price of Rs 7462.95 and 52-week low of Rs 4210.0, respectively. As per BSE data, total traded volume on the counter till 01:03PM (IST) stood at 4820 shares with a turnover of Rs 2.25 crore.
At the current price, shares of the company traded at 4.92 times its trailing 12-month earnings per share of Rs 965.05 per share and 10.07 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Shareholding Details
Promoters held 38.17 per cent stake in the company as of 31-Mar-2022, while FIIs owned 33.99 per cent and DIIs 11.9 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 47.92. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
The scrip had settled at Rs 4750.0 in the previous session. The stock quoted a 52-week high price of Rs 7462.95 and 52-week low of Rs 4210.0, respectively. As per BSE data, total traded volume on the counter till 01:03PM (IST) stood at 4820 shares with a turnover of Rs 2.25 crore.
At the current price, shares of the company traded at 4.92 times its trailing 12-month earnings per share of Rs 965.05 per share and 10.07 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Shareholding Details
Promoters held 38.17 per cent stake in the company as of 31-Mar-2022, while FIIs owned 33.99 per cent and DIIs 11.9 per cent.
Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 47.92. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a'buy' or'sell' recommendation using a single valuation ratio.
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