Info Edge shares decline 0.43% as Sensex slides

Shares of the Info Edge (India) Ltd. traded at Rs 3918.3 on BSE at 11:17AM (IST) on Thursday, down 0.43 per cent from previous close.

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

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

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

The stock of Info Edge (India) Ltd. commands a market value of Rs 50568.87 crore.

The stock traded at a price-to-earning (P/E) multiple of 9.18, 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, 111 stocks traded in the green, while 390 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 overseas and domestic institutional investors owned 32.72 per cent and 16.37 per cent, respectively.