Is infibeam avenues a good buy?

Is infibeam avenues a good buy?

The stock has been trading in the momentum since then, and we have observed indicators like EMA and MACD indicating a positive momentum in the stock is likely to continue. We recommend a buy in Infibeam Avenues above 46 with a target of Rs 58 and stop loss can be placed below Rs 35.

Did infibeam share split?

Discover splits history data for Infibeam Avenues Ltd share….IFIB Splits.

Why did infibeam crashed in 2018?

The Whatsapp Message that Caused This Crash The contents of the message alleged that Infibeam had been indulging in some fraudulent behavior. The message alleged that the company had been cooking up its books by using questionable accounting policies.

What is the future of Infibeam share?

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.

Is infibeam a good company?

Infibeam is rated 3.6 out of 5, based on 46 reviews by employees on AmbitionBox. Infibeam is known for Job Security which is rated at the top and given a rating of 3.8. However, Salary & Benefits is rated the lowest at 3.1 and can be improved.

Who owns Infibeam Avenues?

What is recorded date?

The record date is the date set forth by the company that determines which shareholders are eligible to receive the company’s dividends. It is also known as the cut-off date. The record date ascertains which investors can be deemed as the shareholders of the company.

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.

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.

What happened to Infibeam in sep 2018?

Nearly Rs 9,200 crore worth of investor wealth in Infibeam, India’s first listed e-commerce company, was eroded on Friday as market capitalisation of the company plunged to Rs 3,900 crore from Rs 13,105 crore on Thursday. Infibeam shares ended at Rs 58.80, down by Rs 138.75, or 70.24 per cent, over the previous day.

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.

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.

Which share is best to buy?

Stocks to Buy Today: Best Shares to Buy in India

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?

Our corporate strength Today, as a global Fintech Company we are catering to the large and diverse Business-to-Business (B2B) client segment, taking our deep understanding of global eCommerce and digital payments markets.

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.