Infibeam Incorporation lost 2.65% to Rs 1,334.75 on BSE, on profit booking after gaining 21.89% in the preceding seven trading sessions to settle at Rs 1,371.15 yesterday, 26 July 2017, from its close of Rs 1,124.95 on 17 July 2017.
Meanwhile, the S&P BSE Sensex was up 0.84 points, at 32,383.30. The S&P BSE Mid-Cap index was off 84.10 points, or 0.55% at 15,255.66.
On the BSE, 2.78 lakh shares were traded on the counter as against the average daily volumes of 1.53 lakh shares in the past one quarter. The stock had hit high of Rs 1,431.80 and a low of Rs 1,290. The stock had hit a record high of Rs 1,447.55 on 22 February 2017 and a 52-week low of Rs 657.50 on 27 July 2016.
The mid-cap company has equity capital of Rs 54.28 crore. Face value per share is Rs 10.
Infibeam Incorporation's consolidated net profit spurted 468.5% to Rs 13.53 crore on 61.2% growth in net sales to Rs 120.51 crore in Q4 March 2017 over Q4 March 2016.
Infibeam Incorporation is an e-commerce company, focused on developing successful e-commerce platforms and ecosystems.
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