The stock opened at Rs 5797.0 and touched an intraday high and low of Rs 5870.0 and Rs 5725.65, respectively, in the session so far. Shares of the company of Info Edge (India) Ltd. quoted a 52-week high of Rs 5895.0 and a 52-week low of Rs 3238.5.
As per BSE, the total market cap of the Info Edge (India) Ltd. stood at Rs 74287.83 crore at the time of writing this report.
The company reported consolidated sales of Rs 380.14 crore for the quarter ended 30-Jun-2021, up 5.79 per cent from previous quarter’s Rs 359.33 crore and up 23.07 per cent from the year-ago quarter’s Rs 308.89 crore.
The net profit for latest quarter stood at Rs 152.34 crore, up 62.64 per cent from the same quarter a year ago.
As of 30-Jun-2021, domestic institutional investors held 11.35 per cent stake in the company, while foreign institutional investors held 37.74 per cent and the promoters 38.41 per cent.
According to BSE data, the stock traded at a price-to-earnings multiple of 50.68 and a price-to-book ratio of 12.04. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.