Info Edge Share Price: Info Edge shares fall 0.09% as Nifty drops
A total of 5,422 shares changed hands on the counter till time (IST).
Source: indiatimes.com
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A total of 5,422 shares changed hands on the counter till time (IST).
The stock quoted a 52-week high price of Rs 5315.0 and low of Rs 3310.0.
A total of 3,158 shares changed hands on the counter till 10:10AM (IST)
The brokerage said IndiaMART is trading at a premium to multiples of classifieds-based models listed globally and in India, barring Info Edge. But its premium valuations are justified, given a healthy earnings growth outlook, strong cash generating abilities, and superior returns profile, it said.
The Relative Strength Index of the stock stood at 63.9 on Tuesday.