Info Edge stock price up 0.46 per cent as Sensex climbs
Info Edge (India) Ltd. rose 0.46 per cent to Rs 4096.95 at 11:57AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 1,311 shares with a turnover of Rs 0.54 crore till 11:57AM (IST). The stock traded at a price-to-earnings (P/E) multiple of -414.56, while the price-to-book value ratio stood at 3.59.
Return on equity (ROE) was at -0.81 per cent, according to exchange data.
The stock hit an intraday high of Rs 4110.0 and a low of Rs 4066.3 during the session and quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.
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 4040.71 on October 31, while the 50-DMA was at Rs 4260.42.
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 41.37. 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.
