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Info Edge (India) gains on the BSE
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Info Edge (India) is currently trading at Rs. 5245.35, up by 49.50 points or 0.95% from its previous closing of Rs. 5195.85 on the BSE.
The scrip opened at Rs. 5159.75 and has touched a high and low of Rs. 5315.00 and Rs. 5159.75 respectively. So far 7631 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5274.90 on 18-Dec-2023 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. 5274.90 and Rs. 4703.30 respectively. The current market cap of the company is Rs. 68211.31 crore.
The promoters holding in the company stood at 37.98%, while Institutions and Non-Institutions held 49.97% and 12.05% respectively.
Info Edge (India) is all set to invest an amount of Rs 40 lakh in Jeevansathi Internet Services, wholly owned subsidiary of the Company. This investment is being done to meet working capital requirement of Jeevansathi.
The Company has agreed to acquire 40,000 Compulsorily Convertible Debentures (CCDs) having face value of Rs 100 each. The Company in its meeting of Committee of Executive Directors held on December 18, 2023 has agreed for the same.
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.
