The Economic Times daily newspaper is available online now.

    Info Edge declines 0.63% as Sensex slides

    Synopsis

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

    marketsGetty Images
    India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range.
    Shares of Info Edge (India) Ltd. traded at Rs 3694.55 on BSE at 12:40PM (IST) on Friday, down 0.63 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 3314.0 and a high of Rs 5790.0.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 4,640 lakh shares changed hands on the counter till 12:40PM (IST).

    The stock of Info Edge (India) Ltd. commanded a market value of Rs 47653.83 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 8.65, 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, 132 stocks traded in the green, while 369 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 38.11 per cent in Info Edge (India) Ltd. as of 30-Jun-2022 while overseas and domestic institutional investors owned 32.72 per cent and 11.44 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 4055.29 on January 06, while the 50-DMA was at 3981.99. 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.



    (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.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (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.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in