Share price of Info Edge as Sensex drops 746.98 points
Info Edge (India) Ltd. 1.27 per cent to Rs 7893.20 at 01:14PM (IST) in Thursday's trade. The scrip hit a high of Rs 8110.00 and low of Rs 7802.75 so far during the session. The stock had closed at Rs 7994.85 in the previous session.
The counter had a total traded volume of 01:14PM shares so far with a turnover of Rs 1.12 crore on BSE. The stock traded at a price-to-earnings multiple of 157.85 and a price-to-book ratio of 2.39.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Info Edge (India) Ltd. belongs to the Online Service/Marketplace industry.
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