Info Edge gains on investing Rs 10 crore more in Applect Learning Systems

05 Dec 2013

Info Edge (India) is currently trading at Rs 448.95, up by 0.20 points or 0.04% from its previous closing of Rs 448.75 on the BSE.

The scrip opened at Rs 445.00 and has touched a high and low of Rs 465.00 and Rs 445.00 respectively. So far 9592 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 484.00 on 02-Dec-2013 and a 52 week low of Rs. 285.00 on 11-Jul-2013.

Last one week high and low of the scrip stood at Rs. 484.00 and Rs. 428.00 respectively. The current market cap of the company is Rs. 4901.68 crore.

The promoters holding in the company stood at 52.21 %, while Institutions and Non-Institutions held 37.94 % and 9.85 % respectively.

Info Edge (India) has invested an additional amount of Rs 10 crore in Applect Learning Systems, which is engaged in online education and assessment business through its Website Post this investment, the aggregate amount invested by the Company in Applect Learning Systems is Rs 71.5 crore for a 55.81% stake on a fully diluted and converted basis.

Info Edge (India) owns one of the leading job portals The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India. The company has a network of 67 offices spread across in 41 cities in India.

Related Info Edge (India) Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323