Info Edge stock price: Info Edge stock price drops as Sensex drops 617.5 points
The counter has had a total trading volume of 10,935 shares so far with a value of Rs 3.96 crore on the NSE. It was trading at a price/earnings multiple of 3.65 and a price/book ratio of 3.37.
A higher P/E ratio shows that investors are willing to pay a higher price for the earnings per rupee generated by the stock due to better future growth expectations.
The price-to-book ratio indicates the intrinsic value of a company and reflects the price that investors are willing to pay even if the company does not grow.
The certificate is down 22.52% over the past year, while the 30-stock index is up 7.07% over the same period.
(India) Ltd. belongs to the online services/marketplaces industry.
Promoters held 38.17% of the company’s capital as of March 31, 2022, while foreign investors and domestic institutional investors held 33.99% and 11.9% respectively.
Key financial data
The company reported consolidated sales of Rs 699.86 crore for the quarter ended March 31, 2022, up 31.09% from Rs 533.88 crore in the previous quarter and up 94.77% from to Rs 359.33 crore in the prior year quarter.
Profit for the last quarter stood at Rs 628.89 crore, up 105.37% from the same quarter a year ago.