Info Edge India falls ahead of FY23 interim dividend payment

Info Edge (India)

17/11/2022 07:18

By Bharath Rajeswaran
    ** Shares of Info Edge (India) Ltd  INED.NS  fall as much as
4.84% to 3,946.95 Indian rupees
    ** The company, which offers multiple internet-based
services, has set Nov. 21 as record date for payment of interim
dividend for this FY
    ** About 555,436 shares traded as of 0707 GMT, nearly 1.5x
the 30-day avg of 387,419
    ** Eleven of 21 brokerages rate the stock "buy" or higher,
six "hold" and four rate it at "sell" or lower; their median PT
is 4,905 Indian rupees
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com))