Info Edge stock price down 2.89 per cent as Sensex slides
As of 31-Mar-2024, promoters held 37.88 per cent stake in the company, while FIIs held 30.91 per cent and domestic institutional investors had 11.69 per cent.
Shares of (India) Ltd. fell 2.89 per cent to Rs 6747.55 at 02:10PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.As per data available on , total traded quantity on the counter stood at 10,395 shares with a turnover of Rs 7.02 crore till 02:10PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 151.67, while the price-to-book value ratio stood at 2.39.
Return on equity (ROE) was at 1.9 per cent, according to exchange data. The stock hit an intraday high of Rs 6999.55 and a low of Rs 6670.0 during the session and quoted a 52-week high price of Rs 6999.55 and a 52-week low of Rs 3973.15.
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 5223.1 on July 02, while the 50-DMA was at Rs 6161.8. 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 65.59. 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 31-Mar-2024, promoters held 37.88 per cent stake in the company, while foreign institutional investors held 30.91 per cent and domestic institutional investors had 19.4 per cent.
Source: Stocks-Markets-Economic Times
