Is infibeam a good buy?
Is infibeam a good buy?
Is Infibeam Avenues Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Infibeam Avenues Ltd is a below average quality company.
As on 24th Jun 2022 INFIBEAM Share Price closed @ 13.15 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 35.25 & Strong Sell for SHORT-TERM with Stoploss of 16.20 we also expect STOCK to react on Following IMPORTANT LEVELS.
Why is infibeam down?
The Sudden Crash The shares of Infibeam Avenues lost 73% of their value on one single day. This is because the share was being held in huge quantities by derivatives traders as well as arbitrage funds. This made the stock inherently volatile. Most of the positions being taken in this stock had short-term intent.
Discover splits history data for Infibeam Avenues Ltd share….IFIB Splits.
| Split date | Split Ratio |
|---|---|
| Mar 14, 2022 | 1/2 Stock Split |
What is news on Infibeam?
Infibeam Avenues standalone net profit rises 0.46% in the March 2022 quarter. 15:48 IST, May 09. Sales rise 102.43% to Rs 330.21 crore.
What is the product of infibeam?
Infibeam Avenues Limited is an Indian multinational financial technology company which provides payment services globally under the brand name CCAvenue and e-commerce software services to businesses across various industries and the Government of India.
Who owns Infibeam Avenues?
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Who is the CEO of Infibeam?
What is the business of infibeam?
The Company is India’s leading e-commerce and payment solutions provider to businesses and the government. It is primarily engaged in business of software development services maintenance web development payment gateway services e-commerce and other ancillary services.
A bonus issue, also known as a scrip issue or a capitalization issue, is an offer of free additional shares to existing shareholders. A company may decide to distribute further shares as an alternative to increasing the dividend payout. For example, a company may give one bonus share for every five shares held.
Who will get infibeam bonus?
The Board has approved the issue of one bonus share for every one equity share held (in the ratio of 1:1) by the company’s shareholders as on ‘Record Date’. The record date, for determining eligible shareholders entitled to receive bonus shares, will be announced in due course, it added.
Infibeam Avenues has fixed 15 March 2022 as record date for allotment of bonus equity shares.
What is record date for bonus?
The Board has fixed 1’1 July 2022 as record date to determine the eligibility of shareholders to receive bonus shares,” the company had informed in an exchange filing. Bonus shares are fully paid additional shares issued by a company to its existing shareholders.
Is infibeam debt free?
How Much Debt Does Infibeam Avenues Carry? You can click the graphic below for the historical numbers, but it shows that Infibeam Avenues had ₹185.2m of debt in March 2021, down from ₹283.9m, one year before. But it also has ₹3.45b in cash to offset that, meaning it has ₹3.27b net cash.
Is infibeam a Fintech company?
We are the only listed home-grown, bootstrapped, and profitable Fintech conglomerate having a comprehensive Fintech portfolio. Our diversified Fintech solution stacked under one roof aims to simplify business operations and transaction processing for merchants, enterprises, governments and banks.
Is CCAvenue Indian company?
Headquartered in GIFT City, Gandhinagar, we are a team of over 650 people. Our offices are located in Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia. Digital Payment Platform operates through flagship brand-CCAvenue-which is a PCI DSS 3.2.
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