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Info Edge rises as its arm to invest in Interactive Visual Solutions
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Info Edge (India) is currently trading at Rs. 4364.40, up by 34.30 points or 0.79% from its previous closing of Rs. 4330.10 on the BSE.
The scrip opened at Rs. 4390.00 and has touched a high and low of Rs. 4442.35 and Rs. 4362.95 respectively. So far 1797 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4624.35 on 26-Aug-2022 and a 52 week low of Rs. 3310.00 on 14-Mar-2023.
Last one week high and low of the scrip stood at Rs. 4530.00 and Rs. 4324.05 respectively. The current market cap of the company is Rs. 56492.22 crore.
The promoters holding in the company stood at 38.05%, while Institutions and Non-Institutions held 49.15% and 12.79% respectively.
Info Edge’s (India) wholly-owned subsidiary -- Allcheckdeals India (ACD) has agreed to invest an amount of Rs 10 lakh in its wholly-owned subsidiary-Interactive Visual Solutions (IVSPL), step down wholly-owned subsidiary of the Company. The said investment is being done to meet certain corporate expenses of IVSPL.
Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.
