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Buy Infibeam Avenues; target of Rs 37.6: KR Choksey

KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 37.6 in its research report dated May 21, 2024.

Foreign investors brave smallcap corrections, raise stakes in March quarter

FIIs raised stakes in almost 60 percent of firms on the BSE SmallCap index in the March quarter. Out of 1,000 BSE SmallCap index stocks, 596 saw a rise in FII holding

Infibeam Avenues shares in focus as UAE-based subsidiary to raise $25 million in pre-IPO round

Avenues World FZ-LLC is raising $25 million through a pre-IPO round and will cease to be a wholly owned step-down subsidiary of Infibeam Avenues after the round

HFT Scan: Infibeam Avenues zooms, Tourism Finance &amp; India Pesticides see some action

Infibeam Avenues touched a 52-week high while Tourism Finance Corporation and India Pesticides closed lower.

HFT Scan: Algo traders zoom in on Tata Chemicals, Rallis India, Infibeam Avenues

Tata Chemicals, Rallis India, and Infibeam Avenues touched a 52-week high on March 7.

Infibeam Avenues shares gain 4% on divesting stake in Fable Fintech

The share touched a 52-week high of Rs 40 on February 2, 2024 and a 52-week low of Rs 12.85 on March 28, 2023

HFT Scan: Citadel Securities net buyer in Tourism Finance Corp and SBC Exports

High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds

HFT Scan: HRTI net seller in Easy Trip, InfiBeam, Vakrangee

Infibeam Avenues Ltd. is a holding company, which engages in the provision of e-commerce and payment solutions to businesses of all sizes and the government. It operates through the Payment Business and E-Commerce Platform Business segments. The Payment Business segment includes Payment Gateway business with CC Avenue business brand and payment infrastructure including CPGS towards banks, and Credit & Lending related business. The E-Commerce Platform Business segment is involved in Software Framework & Infrastructure. The company was founded by Vishal Mehta and Vishwas Patel on September 01, 2007, and is headquartered in Gandhinagar, India.

Volume	69.39M
52-Wk High	48.15
52-Wk Low	13.70

INFIBEAM.NSE Infibeam Avenues Ltd.

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