Info Edge rallies 5% in weak market, nears record high on positive outlook

Shares of Info Edge (India) hit a fresh 52-week high of Rs 7,285.75 on Friday, August 2. Info Edge share price surged 5 per cent today on the BSE in the intraday trade, in an otherwise weak market, on a positive outlook.

The stock of Info Edge is trading close to its record high level of Rs 7,462.95 touched on October 19, 2021. In comparison, the BSE Sensex was down 1 per cent at 81,041 at 10:29 AM. In the past eight months, the stock price of Info Edge has zoomed 59 per cent.