Info Edge share price: Info Edge stock price up 0.78 per cent as Sensex slides
As per data available on BSE, total traded quantity on the counter stood at 9,800 shares with a turnover of Rs 4.8 crore till 12:09PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 51.71, while the price-to-book value ratio stood at 11.34.
Return on equity (ROE) was at -11.02 per cent, according to exchange data. The stock hit an intraday high of Rs 4947.55 and a low of Rs 4791.25 during the session and quoted a 52-week high price of Rs 5876.05 and a 52-week low of Rs 2623.7.
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 4371.83 on June 17, while the 50-DMA was at Rs 4647.02. 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 67.39. 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.
Promoter holding
As of 31-Mar-2021, promoters held 38.41 per cent stake in the company, while foreign institutional investors held 39.33 per cent and domestic institutional investors had 11.25 per cent.
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