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    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

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    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

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    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

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    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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Shares of Info Edge rise as Nifty drops

June 21, 2023
in News
Shares of Info Edge rise as Nifty drops
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Shares of Info Edge (India) Ltd. gained 0.1 per cent to Rs 4442.9 in Tuesday’s trade as of 12:10PM (IST). It hit a high of Rs 4451.6 and low of Rs 4400.85 during the session.

The stock quoted a 52-week high price of Rs 4624.35 and a low of Rs 3310.0. The return on equity for the stock stood at -0.8 per cent. About 1,856 shares have changed hands on the counter so far.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.56.

The scrip has been an outperformer, up 23.61 per cent in the past one year in comparison with a 15.98 per cent gain in Sensex.

Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 3310.0 on June 20, while the 50-DMA was at Rs 3954.61. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Promoter/FII Holding

Promoters held 38.05 per cent stake in Info Edge (India) Ltd. as of 31-Mar-2023. Mutual funds and foreign institutional investors held 10.5 per cent and 31.41 per cent stake.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : The Times of India – https://economictimes.indiatimes.com/markets/stocks/stock-watch/shares-of-info-edge-rise-as-nifty-drops/articleshow/101126792.cms

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