Info Edge advances on picking up stake in Vcare Technologies and Unnati Online

16 Jun 2016

Info Edge (India) is currently trading at Rs. 832.05, up by 13.20 points or 1.61% from its previous closing of Rs. 818.85 on the BSE.

The scrip opened at Rs. 824.20 and has touched a high and low of Rs. 845.00 and Rs. 820.00 respectively. So far 7,154 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 935.00 on 23-Jul-2015 and a 52 week low of Rs. 690.00 on 01-Mar-2016.

Last one week high and low of the scrip stood at Rs. 845.00 and Rs. 776.50 respectively. The current market cap of the company is Rs. 10,060.83 crore.

The promoters holding in the company stood at 43.11%, while Institutions and Non-Institutions held 45.30% and 11.41% respectively.

Info Edge (India) through its wholly-owned subsidiary, has invested Rs 3 crore in Vcare Technologies through convertible preference shares for acquiring a 11.5% stake, on fully converted & diluted basis.

The company has also invested Rs 4 crore in Unnati Online, through convertible preference shares for acquiring about 28.5% stake, on fully converted & diluted basis.

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.


Related Info Edge (India) Ltd. Links:

Info Edge Share Price

2640.60 0.00 (0.00%) Nov 19, 18:01
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Peers
Company Name CMP
Hinduja Global Soln. 610.00
Vakrangee 39.10
eClerx Services 433.75
Info Edge 2640.60
Firstsource Solution 40.75
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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