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Showing posts with the label info edge share price

Stock picks of the week: Stock picks of the week: 5 stocks with consistent score improvement and upside potential up to 46%

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[hfe_template id='11223'] [ad_1] Synopsis In times like these, when the sentiment is overwhelmingly negative and indices are deep in the red, investors must resist the urge to react impulsively to short-term narratives that may lead to selling at the wrong time. Equally important: Avoid averaging down indiscriminately, as not every dip is a buying opportunity. Instead, analyze each sector and company based on their operating performance and valuation metrics. If operational fundamentals are improving, then let the bears have a party. Stay focused on long-term value rather than short-term market sentiment. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in any of their parameters in the given time frame. Till September 2024, everyone used to constantly check the v...

Info Edge board approves 1:5 stock split, shares jump 3%

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[hfe_template id='11223'] [ad_1] Info Edge (India) on Wednesday announced that its board of directors approved a proposed split of its equity shares in the ratio of 1:5. The company disclosed this development in an exchange filing. Shares of Info Edge (India) rose 3% to Rs 7,938.9 on the BSE following the announcement, as investors welcomed the move aimed at improving liquidity and making shares more accessible. The stock split will see each existing equity share with a face value of Rs 10 divided into five shares with a face value of Rs 2 each. The subdivision of shares will enhance accessibility and encourage wider participation in the company’s stock, Info Edge said in the exchange filing. The company will finalize a record date for the split after securing shareholder approval through a postal ballot. This is Info Edge’s first stock split, though it had issued bonus shares in 2010 and 2012 at a 1:1 ratio. The company has distributed Rs 66 per share in dividends over ...