Buy Infibeam Avenues; target of Rs 105 KR Choksey

KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 105 in its research report dated November 13, 2020.

Infibeam Q2 net profit falls 35% to Rs 8 crore; to invest in So Hum Bharat Digital Payments

The company offers digital payment solutions and enterprise software platforms to businesses and governments across industry verticals.

Infibeam Avenues share price rises 3% on agreement with Bank Dhofar

The company further expands in the Middle East by entering Oman to offer payment gateway services to financial institutions.

Infibeam enters into an agreement with Reliance Jio for its enterprise solutions

Through this deal, Reliance Jio will use Infibeam’s solutions to power its own ecommerce and digital payments services

Infibeam Q1 net profit slips 58.6% to Rs 12 crore

On sequential basis, net profit was lower by 39 percent from Rs 19 crore in March 2020 quarter (excluding exceptional gain), while revenue was down 24 percent from Rs 136 crore.

Infibeam Avenues shares hit new 52-week high after Ravi Agrawal buys over 34 lakh shares

Agrawal has bought 34,68,572 equity shares in Infibeam at Rs 74.85 per share, the bulk deals data available on the National Stock Exchange showed.

Investor Ravi Omprakash Agrawal raises stake in Infibeam

Agrawal had 2,49,22,255 equity shares in Infibeam as of June 2020. With this transaction, he has increased the shareholding to over 4 percent.

Ravi Agrawal, family raise stake in Infibeam Avenues to 7.11%

As a result, their shareholding in digital payment and e-commerce technology Platform Company has increased from 6.94 percent to 7.11 percent.

Infibeam Q4 net profit dips 25% to Rs 19.1 crore

In 2019, the company had decided to focus on the core businesses of digital payments and enterprise software platforms.

Commodity trader Ravi Agrawal raises stake in Infibeam Avenues to 5.65%

In a separate release, Ravi Agrawal said he was bullish on the technology sector.

Infibeam Avenue Standalone December 2019 Net Sales at Rs 142.59 crore, down 5.12% Y-o-Y

Infibeam Avenue Standalone December 2019 Net Sales at Rs 142.59 crore, down 5.12% Y-o-Y

Infibeam Avenues Q2 net profit at Rs 25.9 crore

The company said the comparable revenue of core business increased by 12 per cent year-on-year.

Infibeam Avenue Standalone June 2019 Net Sales at Rs 169.10 crore, up 85.13% Y-o-Y

Infibeam Q1 net profit more than doubles to Rs 28.8 cr

The company had reported a consolidated net profit of Rs 12.6 crore in the April-June 2018 period.

Infibeam Avenues gets RoC nod to remove auditor on grounds of 'strained relations'

Infibeam's move assumes significance as it comes just ahead of the e-commerce company’s annual general meeting scheduled for July 30.

Infibeam Avenues Q4 net profit rises to over Rs 75 cr

The net profit stood at about Rs 22 crore in the January-March 2018 period, Infibeam said in a NSE filing.

Infibeam Avenue Standalone December 2018 Net Sales at Rs 150.29 crore, up 823.72% Y-o-Y

Infibeam Avenues jumps 4% on strategic alliance with Suvidhaa Infoserve

Shapoorji Pallonji Mistry is an angel investor and owns minority stake in Suvidhaa.

Infibeam partners Suvidhaa Infoserve

Both companies are planning to develop an omni-channel marketplace, whereby Infibeam.com will be connected to Suvidhaa's vast network of 91,000 outlets under 4,500 pin codes, a statement said.

Infibeam Avenues climbs 8% ahead of board meet to mull strategic growth opportunities

Infibeam Avenues stock fell sharply in September from Rs 239 on September 17 to Rs 58.45 on September 28, followed by gradual downtrend to close at lowest level of Rs 28.95 on October 29, 2018.

17 stocks rise 20-171% as Sensex posts best November gain since 2012

Most technical experts feel that the momentum is likely to continue in December as well. The Nifty50 which reclaimed 10,800 is on track to hit 11,000 in this year as well.

Infibeam Avenue Standalone September 2018 Net Sales at Rs 134.82 crore, up 594.59% Y-o-Y

Infibeam plunges over 70% on big volumes; management clarifies

Supertrend indicator as well trend-following momentum indicator, Moving average convergence divergence (MACD) has given a sell signal on charts

Accumulate Infibeam Avenues; target of Rs 256: KR Choksey

KR Choksey recommended accumulate rating on Infibeam Avenues with a target price of Rs 256 in its research report dated August 27, 2018.