Info Edge (India) Ltd is down for a fifth straight session today. The stock is quoting at Rs 4943.05, down 1.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.83% on the day, quoting at 14314.3. The Sensex is at 48700.68, down 0.68%.Info Edge (India) Ltd has added around 10.34% in last one month.Meanwhile, Nifty IT index of which Info Edge (India) Ltd is a constituent, has increased around 14.41% in last one month and is currently quoting at 26362.8, down 0.86% on the day. The volume in the stock stood at 3.68 lakh shares today, compared to the daily average of 7.97 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 4960.15, down 1.51% on the day. Info Edge (India) Ltd jumped 90.73% in last one year as compared to a 17.09% rally in NIFTY and a 61.27% spurt in the Nifty IT index.

The PE of the stock is 223.52 based on TTM earnings ending September 20.

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The stock gained 15.72% in two sessions to end at Rs 5,500.80 yesterday, from its recent closing of Rs 4,753.70 recorded on 1 January 2021.

In the past six months, the scrip has zoomed 93.57% while the benchmark Sensex has added 32.70% during the same period.

On the technical front, the stock's RSI (relative strength index) stood at 77.591. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

The stock is trading above its 50-day, 100-day and 100-day daily simple moving average placed at 4208.37, 3819.21 and 3249.88, respectively. These levels will act as crucial support zones in near term.

The company reported 78.7% jump in standalone net profit to Rs 51.15 crore on a 19.1% fall in net sales to Rs 256.12 crore in Q2 FY21 over Q2 FY20.

Info Edge (India) runs leading internet businesses like Naukri.com, Jeevansathi.com, 99acres.com and Shiksha.com. The company also owns Quadrangle and Naukri Gulf. Info Edge has made significant strategic investments into emerging internet companies - zomato.com, meritnation.com, policybazaar.com, Canvera.com, happilyunmarried.com.

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Info Edge (India) will hold a meeting of the Board of Directors of the Company on 12 February 2021.

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Info Edge (India) Ltd is up for a third straight session in a row. The stock is quoting at Rs 4759.2, up 1.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 13888.6. The Sensex is at 47469.47, down 0.3%. Info Edge (India) Ltd has risen around 13.13% in last one month.

Meanwhile, Nifty IT index of which Info Edge (India) Ltd is a constituent, has risen around 9.26% in last one month and is currently quoting at 24274.05, down 0.21% on the day. The volume in the stock stood at 3.6 lakh shares today, compared to the daily average of 4.92 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 4756, up 0.93% on the day. Info Edge (India) Ltd is up 88.11% in last one year as compared to a 14.14% spurt in NIFTY and a 54.76% spurt in the Nifty IT index.

The PE of the stock is 209.72 based on TTM earnings ending September 20.

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