Info Edge shares fall 0.39 per cent in Friday's trading session
Info Edge (India) Ltd. fell 0.39 per cent to Rs 4740.6 in Friday's trade as of 01:03PM (IST) even as the benchmark Nifty ruled at 19762.4, down 2.8 points.
The scrip had closed at Rs 4758.95 in the previous session.
The stock quoted a 52-week low of Rs 3310.0 and a high of Rs 4984.1. The company quoted a market-cap of Rs 61142.84 crore on the BSE.
On BSE, 2,320 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at -2385.97 times its trailing 12-month EPS of Rs -1.98 per share and 3.59 times its book value. The return on equity (ROE) stood at Rs -0.81.
Key Financials For the quarter ended 30-Sep-2023, Info Edge (India) Ltd.
reported consolidated sales of Rs 792.01 crore, up 8.97 per cent from the same quarter a year ago. The company reported 99.14 per cent YoY growth in net profit at Rs 205.12 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Friday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
