Shares of (India) Ltd. rose 1.18 per cent to Rs 5240.25 in Wednesday’s trade as of 11:36AM (IST) even as the benchmark Nifty ruled at 16872.75, up 101.9 points.
The scrip had closed at Rs 5179.25 in the previous session. The stock quoted a 52-week low of Rs 4027.0 and a high of Rs 7462.95. The company quoted a market-cap of Rs 67455.19 crore on the BSE.
On BSE, 5,324 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 7.93 times its trailing 12-month EPS of Rs 660.71 per share and 10.07 times its book value. The return on equity (ROE) stood at Rs 25.77.
Key Financials
For the quarter ended 30-Sep-2021, Info Edge (India) Ltd. reported consolidated sales of Rs 409.75 crore, up 41.35 per cent from the same quarter a year ago. The company reported 2147.13 per cent YoY growth in net profit at Rs 7371.22 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
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