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Info Edge (India) Ltd extends gains

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Info Edge (India) Ltd is quoting at Rs 3897.2, up 0.33% on the day as on 12:44 IST on the NSE. The stock is up 42.9% in last one year as compared to a 7.99% spurt in NIFTY and a 40.64% spurt in the Nifty IT.

Info Edge (India) Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 3897.2, up 0.33% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 12834.55. The Sensex is at 43878.14, up 0.55%. Info Edge (India) Ltd has risen around 12.11% in last one month.

Meanwhile, Nifty IT index of which Info Edge (India) Ltd is a constituent, has risen around 0.56% in last one month and is currently quoting at 21552.75, down 0.19% on the day. The volume in the stock stood at 7.4 lakh shares today, compared to the daily average of 5.79 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 3898.75, up 0.66% on the day. Info Edge (India) Ltd is up 42.9% in last one year as compared to a 7.99% spurt in NIFTY and a 40.64% spurt in the Nifty IT index.

The PE of the stock is 173.19 based on TTM earnings ending September 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, November 17 2020. 13:01 IST
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