Info Edge (India) shines on acquiring shares worth Rs 1.5 crore of Canvera Digital Technologies

05 Feb 2014

Info Edge (India) is currently trading at Rs. 487.55, up by 9.30 points or 1.94% from its previous closing of Rs. 478.25 on the BSE.

The scrip opened at Rs. 476.00 and has touched a high and low of Rs. 499.00 and Rs. 476.00 respectively. So far 64,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 627.35 on 17-Jan-2014 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. 510.00 and Rs. 469.95 respectively. The current market cap of the company is Rs. 5,349 crore.

The promoters holding in the company stood at 51.10% while Institutions and Non-Institutions held 39.14% and 9.75% respectively.

Info Edge (India) has bought shares, from certain angel investors for an amount of about Rs 1.5 crore, of Canvera Digital Technologies, which is engaged in the business of providing solutions to professional photographers.

The aggregate investment, including the above Rs 43.50 crore in Canvera Digital Technologies  which translates to about 27% stake in the company on a fully converted and 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. The company has a network of 67 offices spread across in 41 cities in India.

Related Info Edge (India) Ltd. Links:

Info Edge Share Price

4944.40 -41.65 (-0.84%) Mar 05, 18:59
1 Year Price Chart
Peers
Company Name CMP
Hinduja Global Soln. 1175.15
eClerx Services 991.70
Info Edge 4944.40
Firstsource Solution 105.30
Vakrangee 53.00
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Sensex vs Info Edge
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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