Info Edge (India) Ltd Hits Intraday Low Amid Price Pressure on 24 Feb 2026

Intraday Decline and Price Movement

The stock of Info Edge (India) Ltd, a key player in the E-Retail and E-Commerce sector, recorded an intraday low of Rs 1008.85, marking a decline of 5.63% from its previous close. This drop contributed to a day change of -5.75%, significantly underperforming the Sensex, which fell by 1.41% on the same day. The stock’s performance was also weaker relative to its sector peers, with the IT - Software sector declining by 4.57%.

Info Edge’s share price has been on a downward trajectory for five consecutive trading sessions, cumulatively losing 10.73% over this period. This sustained fall highlights persistent selling interest and a lack of upward momentum in the stock.

Technical Indicators and Moving Averages

From a technical standpoint, Info Edge is trading below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This broad-based weakness across multiple timeframes signals a bearish trend and adds to the downward pressure on the stock price. The breach of these key technical levels often triggers further selling as traders and algorithms respond to negative momentum.

Comparative Performance Analysis

When compared to the Sensex, Info Edge’s underperformance is stark. Over the last one day, the stock declined by 5.84% versus the Sensex’s 1.41% fall. The gap widens over longer periods: one week sees a 10.96% drop for Info Edge against a 1.60% decline in the Sensex, while over one month, the stock has fallen 22.65% compared to a 0.71% gain in the benchmark index. The three-month and one-year figures further underline the stock’s relative weakness, with declines of 25.22% and 30.24% respectively, contrasting with the Sensex’s more resilient performance.

Market Sentiment and Broader Index Movements

The broader market environment on 24 Feb 2026 was characterised by a sharp decline in the Sensex, which dropped 934.67 points to close at 82,117.87, down 1.41%. The index opened 242.12 points lower and continued to weaken throughout the session. Despite this fall, the Sensex remains within 4.92% of its 52-week high of 86,159.02, indicating that the market is still relatively close to recent peaks but facing short-term pressure.

Technical analysis of the Sensex shows it trading below its 50-day moving average, although the 50DMA remains above the 200DMA, suggesting that while short-term momentum is negative, the longer-term trend has not yet reversed. This mixed technical picture may be contributing to cautious sentiment among investors.

Sectoral Impact and Relative Weakness

Within the IT - Software sector, Info Edge’s decline was sharper than the sector average, which fell 4.57%. This indicates that the stock is facing pressures beyond general sector weakness. The company’s Mojo Score currently stands at 43.0, with a Mojo Grade of Sell, downgraded from Hold as of 1 July 2025. The Market Cap Grade is 2, reflecting a mid-cap status with moderate market capitalisation metrics.

The downgrade in Mojo Grade and the relatively low Mojo Score may be influencing investor sentiment, contributing to the stock’s underperformance relative to peers and the broader market.

Longer-Term Performance Context

Over a three-year horizon, Info Edge has delivered a total return of 41.79%, slightly outperforming the Sensex’s 38.10% gain. However, over five and ten years, the stock’s performance diverges more markedly, with a modest 1.88% gain over five years compared to the Sensex’s 61.71%, but a strong 598.30% return over ten years versus the Sensex’s 255.66%. This long-term outperformance contrasts with the recent weakness, highlighting a period of volatility and correction in the stock’s price.

Summary of Price Pressure Factors

The intraday low and continued decline in Info Edge’s share price on 24 Feb 2026 reflect a combination of factors including broad market weakness, sectoral underperformance, and technical signals pointing to bearish momentum. The stock’s position below all key moving averages and its recent downgrade in Mojo Grade to Sell have likely contributed to subdued investor confidence and increased selling activity.

While the Sensex and IT sector indices have also declined, Info Edge’s sharper fall indicates company-specific pressures or relative valuation concerns that are weighing on the stock more heavily than on its peers. The five-day consecutive decline and the breach of the 52-week low level underscore the current challenges in price stability.

Investors monitoring the stock will note the divergence between Info Edge’s longer-term performance and its recent short-term weakness, highlighting the importance of considering multiple time horizons when analysing price movements.

Only Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Start Today