Info Edge Shows Strong Short-Term Gains Amid Broader IT Sector Rally

Info Edge (India) has shown notable activity today, gaining 3.6% as of May 12, 2025. This increase aligns closely with the broader IT - Software sector, which has risen by 3.5%. Over the past two days, Info Edge has experienced consecutive gains, accumulating a total return of 6.84%. The stock reached an intraday high of Rs 1,443.55, reflecting a 3.85% increase at its peak.
In terms of moving averages, Info Edge is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. This indicates a mixed performance in the short to medium term.

Looking at broader market trends, the Sensex has risen sharply, opening 1,349.33 points higher and climbing further to 81,624.01, marking a 2.73% increase. While Info Edge's one-day performance of 3.6% outpaces the Sensex's 2.71%, its year-to-date performance shows a decline of 17.25%, contrasting with the Sensex's gain of 4.44%. Over the longer term, Info Edge has demonstrated significant growth, with a remarkable 888.94% increase over the past decade.