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Info Edge rises on investing Rs 8.66 crore in Canvera Digital Technologies

31 Aug 2017 Evaluate

Info Edge (India) is currently trading at Rs. 964.35, up by 24.50 points or 2.61% from its previous closing of Rs. 939.85 on the BSE.

The scrip opened at Rs. 943.50 and has touched a high and low of Rs. 966.95 and Rs. 940.95 respectively. So far 531 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1126.70 on 07-Jun-2017 and a 52 week low of Rs. 752.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 966.95 and Rs. 921.00 respectively. The current market cap of the company is Rs. 11476.99 crore.

The promoters holding in the company stood at 41.99%, while Institutions and Non-Institutions held 46.87% and 11.14% respectively.

Info Edge (India) has invested Rs 8.66 crore in Canvera Digital Technologies through its wholly-owned subsidiary (WOS). The company has been allotted 777,419 0.1% optionally convertible cumulative redeemable preference shares having a face value of Rs 1 each at a premium of Rs 110.48.The aggregate shareholding of the company in the said entity would be 62.22% on fully converted & diluted basis.

Canvera Digital Technologies is engaged in the business of providing photography related services to professional photographers/ channel partners/ consumers including online photographer classifieds, IT enabled design services, printed products like photobooks, calendars and prints using Internet & Software.

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.

Info Edge Share Price

1071.50 17.00 (1.61%)
20-Apr-2026 10:43 View Price Chart
Peers
Company Name CMP
eClerx Services 1600.45
Info Edge 1071.50
Firstsource Solution 234.45
Affle 3i 1457.65
Hinduja Global Soln. 420.00
View more..

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