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    Info Edge shares decline 1.86% as Sensex slides

    Synopsis

    A total of 3,104 shares changed hands on the counter till 01:26PM (IST)

    Brokers trade at computer terminals at stock brokerage firm in MumbaiReuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    Shares of the Info Edge (India) Ltd. traded at Rs 3634.9 on BSE at 01:26PM (IST) on Wednesday, down 1.86 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 3310.0 and a high of Rs 4860.0.

    Earlier, the stock saw a gap down opening in the morning.

    A total of 3,104 lakh shares changed hands on the counter till 01:26PM (IST).

    The stock of Info Edge (India) Ltd. commands a market value of Rs 47003.64 crore.

    The stock traded at a price-to-earning (P/E) multiple of 59.18, while the price-to-book value ratio stood at 3.37. Return on equity (ROE) was at 74.0 per cent, according to exchange data.

    In the BSE500 pack, 256 stocks traded in the green, while 245 stocks were in the red.

    Promotor Holding
    Promoters held 38.05 per cent in the Info Edge (India) Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 31.88 per cent and 16.68 per cent, respectively.
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