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Infibeam Avenues Ltd spurts 1.4%, gains for third straight session

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Capital Market

Infibeam Avenues Ltd is quoting at Rs 43.55, up 1.4% on the day as on 12:54 IST on the NSE. The stock is down 71.36% in last one year as compared to a 14.65% gain in NIFTY and a 24.76% gain in the Nifty IT index.

Infibeam Avenues Ltd is up for a third straight session in a row. The stock is quoting at Rs 43.55, up 1.4% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 11708.3. The Sensex is at 38983.6, up 0.8%. Infibeam Avenues Ltd has added around 10.53% in last one month.

 

Meanwhile, Nifty IT index of which Infibeam Avenues Ltd is a constituent, has added around 1.21% in last one month and is currently quoting at 15628.2, up 1.44% on the day. The volume in the stock stood at 31.31 lakh shares today, compared to the daily average of 134.83 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 43.95, up 1.27% on the day. Infibeam Avenues Ltd is down 71.36% in last one year as compared to a 14.65% gain in NIFTY and a 24.76% gain in the Nifty IT index.

The PE of the stock is 477.22 based on TTM earnings ending December 18.

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First Published: Apr 01 2019 | 1:05 PM IST

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