Info Edge stock price up 0.35 per cent as Sensex climbs
As of 30-Jun-2023, promoters held 38.05 per cent stake in the company, while FIIs held 31.54 per cent and domestic institutional investors had 10.34 per cent.
By ETMarkets.com |
ETMarkets.com
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
Shares of Info Edge (India) Ltd. rose 0.35 per cent to Rs 4136.5 at 11:06AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 2,683 shares with a turnover of Rs 1.11 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of -420.19, while the price-to-book value ratio stood at 3.59.
Return on equity (ROE) was at -0.81 per cent, according to exchange data. The stock hit an intraday high of Rs 4164.65 and a low of Rs 4122.05 during the session and quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 4029.61 on October 17, while the 50-DMA was at Rs 4343.26. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 39.26. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2023, promoters held 38.05 per cent stake in the company, while overseas investors held 31.54 per cent and domestic institutional investors had 17.75 per cent.
As per data available on BSE, total traded quantity on the counter stood at 2,683 shares with a turnover of Rs 1.11 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of -420.19, while the price-to-book value ratio stood at 3.59.
Return on equity (ROE) was at -0.81 per cent, according to exchange data. The stock hit an intraday high of Rs 4164.65 and a low of Rs 4122.05 during the session and quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 4029.61 on October 17, while the 50-DMA was at Rs 4343.26. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
ADVERTISEMENT
The Relative Strength Index (RSI) of the stood at 39.26. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2023, promoters held 38.05 per cent stake in the company, while overseas investors held 31.54 per cent and domestic institutional investors had 17.75 per cent.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Yes Madam raises Rs 50 crore from Sanjeev Bikhchandani’s Info Edge growth fundADVERTISEMENT
