Share price of Info Edge falls as Sensex drops 98.98 points

Share price of Info Edge (India) Ltd. dropped 0.16 per cent to Rs 7422.55 at 12:32PM (IST) in Thursday's trade. The stock hit a high of Rs 7501.0 and low of Rs 7411.55 so far during the session. The stock had closed at Rs 7434.95 in the previous session.

The counter had a total traded volume of 12:32PM shares so far with a turnover of Rs 0.44 crore on BSE. The stock traded at a price-to-earnings multiple of 147.86 and a price-to-book ratio of 2.39.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Info Edge (India) Ltd. belongs to the Online Service/Marketplace industry.

Promotor/FII Holding
Promoters held 37.88 per cent stake in the company as of 30-Jun-2024, while FIIs and domestic institutional investors ownership stood at 32.14 per cent and 18.68 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 827.92 crore for the quarter ended 30-Jun-2024, up 2.37 per cent from the previous quarter's Rs 808.72 crore and up 20.07 per cent from the year-ago quarter's Rs 689.54 crore.

Its profit for the latest quarter stood at Rs 232.9 crore, up 46.85 per cent from the same quarter a year ago.