The Economic Times daily newspaper is available online now.

    Info Edge shares drop 0.65% as Sensex falls

    Synopsis

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

    NiftyGetty Images
    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    Shares of the Info Edge (India) Ltd. traded at Rs 4113.4 on BSE at 12:02PM (IST) on Friday, down 0.65 per cent. The stock quoted a 52-week low price of Rs 3314.0 and a high of Rs 5790.0.

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

    At the prevailing price, the stock traded at 9.65 times its trailing 12-month EPS of Rs 427.13 per share and 3.37 times its book value, as per BSE data.

    A total of 6,883 shares changed hands on the counter till 12:02PM (IST). The stock commands a market value of Rs 53181.44 crore and is part of the Online Service/Marketplace industry.

    The scrip has been an underperformer , down 25.36 per cent in the past one year in comparison with a 5.75 per cent gain in Sensex.

    During the day, the stock moved between Rs 4170.35 and Rs 4041.3.

    Promoter/FII Holding
    Promoters held 38.11 per cent in the company as of 30-Jun-2022. FII and MF ownership in Info Edge (India) Ltd. stood at 32.72 per cent and 11.44 per cent, respectively.



    (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