Info Edge rises 1.94% as Sensex climbs

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

A total of 1,707 lakh shares changed hands on the counter till 11:01AM (IST).

The stock of (India) Ltd. commanded a market value of Rs 87722.43 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 152.51, 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.

In the BSE500 pack, 383 stocks traded in the green, while 118 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.56.

Promotor/FII Holding
Promoters held 37.88 per cent in (India) Ltd. as of 31-Mar-2024 while foreign portfolio investors and domestic institutional investors owned 30.91 per cent and 11.69 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 5211.59 on July 01, while the 50-DMA was at 6140.35. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.