Info Edge (India) Faces Continued Decline Amid Broader Market Challenges

Jan 22 2025 12:35 PM IST
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Info Edge (India) experienced a decline of 3.34% on January 22, 2025, continuing a downward trend with a total drop of 6.92% over two days. The stock is trading below multiple moving averages and has decreased by 15.14% over the past month, underperforming the broader market.
Info Edge (India) has seen a decline of 3.34% on January 22, 2025, marking a continuation of a downward trend with a total drop of 6.92% over the past two days. The stock's performance today lagged behind its sector by 4.51%, reaching an intraday low of Rs 7210, which reflects a decrease of 3.39%.

Currently, Info Edge (India) is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the last month, the stock has declined by 15.14%, while the broader Sensex has only decreased by 2.64%. Investors may want to keep a close watch on the stock as it faces these challenging market conditions.
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