Shares of Info Edge (India) Ltd. slipped 1.61 per cent to Rs 3857.85 in Tuesday’s trade as of 02:00PM (IST). It hit a high of Rs 3898.0 and low of Rs 3832.8 during the session.
The stock quoted a 52-week high price of Rs 7462.95 and a low of Rs 3314.0. The return on equity for the stock stood at 74.0 per cent. About 13,771 shares have changed hands on the counter so far.
The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.56.
The scrip has been an underperformer, down 28.56 per cent in the past one year in comparison with a 3.15 per cent gain in Sensex.
Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 3314.0 on July 12, while the 50-DMA was at Rs 3741.36. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
Promoter/FII Holding
Promoters held 38.17 per cent stake in (India) Ltd. as of 31-Mar-2022. Mutual funds and foreign institutional investors held 11.9 per cent and 33.99 per cent stake.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
