Info Edge shares gain 1.25% as Sensex rises
A total of 441 shares changed hands on the counter till 11:11AM (IST)
Shares of (India) Ltd. traded 1.25 per cent up at Rs 5869.85 at 11:11AM (IST) on Tuesday, even as benchmark gained 150.12 points to 73798.74. The scrip had closed at Rs 5797.25 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 6355.0 and Rs 3601.0, respectively.
As per BSE data, total traded volume on the counter till 11:11AM (IST) stood at 11:11AM shares with turnover at Rs 0.26 crore.
At the prevailing price, shares of the company trades at 313.82 times its trailing 12-month earnings per share of Rs 18.7 per share and 3.59 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.56.
Shareholding Details
Promoters held 75.76 per cent stake in the company as of 31-Mar-2024, while FIIs owned 61.82 per cent and DIIs 38.8 per cent.
Source: Stocks-Markets-Economic Times
