Info Edge shares drop 1.17% as Sensex falls
A total of 3,231 shares changed hands on the counter till 01:34PM (IST)
Shares of (India) Ltd. traded 1.17 per cent down at Rs 5994.8 at 01:34PM (IST) on Friday, even as benchmark dropped 946.76 points to 73664.35. The scrip had closed at Rs 6066.0 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 6355.0 and Rs 3701.25, respectively.
As per BSE data, total traded volume on the counter till 01:34PM (IST) stood at 01:34PM shares with turnover at Rs 1.95 crore.
At the prevailing price, shares of the company trades at 315.68 times its trailing 12-month EPS 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 37.88 per cent stake in the company as of 31-Mar-2024, while FIIs owned 30.91 per cent and DIIs 19.4 per cent.
Source: Stocks-Markets-Economic Times
