A total of 3,667 shares changed hands on the counter till 01:32PM (IST).

Gramophone is a full stack agritech platform for farmers. In an omnichannel model, the company offers agricultural inputs to farmers both directly and through local merchants.

The Relative Strength Index of the stock stood at 37.47 on Friday.

The Relative Strength Index of the stock stood at 39.25 on Monday.

A total of 6,272 shares changed hands on the counter till 01:32PM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 4036.78.

A total of 7,731 shares changed hands on the counter till 01:17PM (IST).

Broad market indicator Nifty has formed a bearish engulfing pattern on the monthly chart and the daily chart shows stiff resistance at 18300 to 18400 in the near term. The Nifty IT sector continued to be under selling pressure.

The stock traded at a P/E multiple of 8.65, while the price-to-book value ratio stood at 3.37.

The Relative Strength Index of the stock stood at 45.62 on Friday.

A total of 6,012 shares changed hands on the counter till 11:17AM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 4083.36.

LIC said its holding in the company crossed 5 per cent on December 21, 2022. The acquisition of the additional shares were done at an average cost of Rs 4,790.76 apiece.

A total of 3,407 shares changed hands on the counter till 10:20AM (IST).

A total of 3,397 shares changed hands on the counter till 11:47AM (IST)

A total of 6,883 shares changed hands on the counter till 12:02PM (IST)

The stock traded at a P/E multiple of 9.71, while the price-to-book value ratio stood at 3.37.

A total of 2,564 shares changed hands on the counter till 12:49PM (IST).

A total of 16,348 shares changed hands on the counter till 10:00AM (IST).

A total of 2,994 shares changed hands on the counter till 11:42AM (IST).

A total of 3,592 shares changed hands on the counter till 10:30AM (IST).

The Relative Strength Index of the stock stood at 55.11 on Friday.

ICICI Direct recommended hold rating on Info Edge (India) with a target price of Rs 4590 in its research report dated November 15, 2022.

A total of 2,755 shares changed hands on the counter till 12:12PM (IST)

A total of 5,936 shares changed hands on the counter till 10:35AM (IST)

Promoters held 38.11 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 32.72 per cent and 11.44 per cent, respectively.

Motilal Oswal recommended Neutral rating on Info Edge (India) with a target price of Rs 4020 in its research report dated November 15, 2022.

A total of 14,177 shares changed hands on the counter till 11:38AM (IST).

If the stock manages to close above the same, then we can expect an uptrend rally towards 4500-4600. On the flip side, trading below 3850 may increase further weakness till 3700.

Info Edge (India) Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 56248.04 Crore) operating in Services sector.

“The US market and the western world or even top large IT companies in India are far more subdued. Going by that, we think 40% growth can come down to 35 or 30%. We can keep on estimating that. One key aspect of IT hiring is that when there is a surge, it is a quick sharp rise. At the same time, the decline is also very sharp.”

The company recently invested Rs 135 crore with Coding Ninjas. With this investment, its shareholding has increased from 26.1% to 51%. “The investment in Coding Ninjas will aid the transformation of Naukri from a job site to a career platform that helps users throughout their career journey,” Info Edge said.

Info Edge (India) Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 55617.95 Crore) operating in Services sector.

Investors are priming for a bounce across Asian equity markets Friday after slower-than-expected US inflation data indicated smaller Federal Reserve rate hikes and triggered the biggest jump for US shares in two years.