Info Edge (India) Experiences Revision in Its Stock Evaluation Amid Strong Performance
Info Edge (India) Ltd. has reached a new 52-week high, reflecting its strong market position and consistent growth. Following a recent adjustment in its evaluation, the stock continues to outperform its sector, demonstrating impressive returns over the past year and solidifying its reputation in the IT software industry.
Info Edge (India) Ltd. has recently garnered attention following a revision in its score, reflecting the company's strong market performance and financial metrics. On December 16, 2024, the stock reached a new 52-week high of Rs. 8,803.25, underscoring its significant growth trajectory.The large-cap IT software firm has outperformed its sector by 1.11% on the same day, showcasing its resilience and competitive edge in a dynamic market. Info Edge (India) has demonstrated consistent upward momentum, gaining for five consecutive days and achieving a total return of 4.24% during this period. This positive trend is further supported by the stock trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust bullish sentiment among investors.
Over the past year, Info Edge (India) has delivered an impressive return of 68.42%, significantly outpacing the Sensex's performance of 14.75%. This remarkable achievement highlights the company's strong fundamentals and strategic positioning within the IT software industry.
In light of these developments, Info Edge (India) has been added to MarketsMOJO's list, reflecting its growing recognition among investors and analysts alike. The stock's recent performance and market position reinforce its reputation as a key player in the sector, making it a noteworthy consideration for those monitoring the IT landscape.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
