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    Info Edge shares decline 0.5% as Sensex climbs

    Synopsis

    A total of 2,755 shares changed hands on the counter till 12:12PM (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 3939.0 on BSE at 12:12PM (IST) on Wednesday, down 0.5 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 3314.0 and a high of Rs 6002.95.

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

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

    The stock of Info Edge (India) Ltd. commands a market value of Rs 50763.64 crore.

    The stock traded at a price-to-earning (P/E) multiple of 9.21, 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, 304 stocks traded in the green, while 196 stocks were in the red.

    Promotor Holding
    Promoters held 38.11 per cent in the Info Edge (India) Ltd. as of 30-Jun-2022 while foreign and domestic institutional investors owned 32.72 per cent and 16.37 per cent, respectively.



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

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    (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
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