Info Edge share price hits all-time high after firm launches QIP to raise Rs 1,875 crore

Share price of Info Edge rose to all-time high after the firm launched a qualified institutional placement (QIP) to raise Rs 1,875 crore today. Info edge stock gained 6.89% to Rs 3,420, a record high, against previous close of Rs 3,200 on BSE. Later, the stock ended 4.82% or Rs 154 higher at  Rs 3,354 .
The stock has gained 6.63% in lat two days.  Info Edge (India) share stands higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Info Edge share has gained 56% in one year an…

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