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    Info Edge shares drop 2.68% as Sensex rises

    Synopsis

    A total of 8,405 shares changed hands on the counter till 02:08PM (IST)

    European sharesGetty Images
    Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
    Shares of the Info Edge (India) Ltd. traded at Rs 4092.25 on BSE at 02:08PM (IST) on Tuesday, down 2.68 per cent. The stock quoted a 52-week low price of Rs 3310.0 and a high of Rs 4624.35.

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

    At the prevailing price, the stock traded at -493.93 times its trailing 12-month EPS of Rs -8.31 per share and 3.59 times its book value, as per BSE data.

    A total of 8,405 shares changed hands on the counter till 02:08PM (IST). The stock commands a market value of Rs 53053.33 crore and is part of the Online Service/Marketplace industry.

    The scrip has been an underperformer , up 7.52 per cent in the past one year in comparison with a 14.62 per cent gain in Sensex.

    During the day, the stock moved between Rs 4210.0 and Rs 4083.35.

    Promoter/FII Holding
    Promoters held 38.05 per cent in the company as of 31-Mar-2023. FII and MF ownership in Info Edge (India) Ltd. stood at 31.41 per cent and 10.5 per cent, respectively.



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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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