Info Edge shares gain 1.81% as Sensex rises
Info Edge (India) Ltd. traded 1.81 per cent up at Rs 4322.5 at 10:25AM (IST) on Monday, even as BSE benchmark Sensex gained 417.16 points to 64780.94.
The scrip had closed at Rs 4245.35 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 4984.1 and Rs 3310.0, respectively.
As per BSE data, total traded volume on the counter till 10:25AM (IST) stood at 10:25AM shares with turnover at Rs 1.81 crore.
At the prevailing price, the stock trades at -437.92 times its trailing 12-month earnings per share of Rs -9.89 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 37.98 per cent stake in the company as of 30-Sep-2023, while FIIs owned 31.21 per cent and DIIs 18.24 per cent.
