Infibeam Avenues Ltd down for fifth straight session

Capital Market 

The stock is quoting at Rs 50.95, down 3.14% on the day as on 13:19 IST on the NSE. Avenues Ltd tumbled 71.72% in last one year as compared to a 3.92% rally in and a 29.75% spurt in the IT index.

Avenues Ltd is down for a fifth straight session today. The stock is quoting at 50.95, down 3.14% on the day as on 13:19 IST on the NSE. The benchmark is up around 0.66% on the day, quoting at 10686.85. The Sensex is at 35506.97, up 0.7%.Avenues Ltd has lost around 0.78% in last one month.Meanwhile, index of which is a constituent, has eased around 3.23% in last one month and is currently quoting at 14354.15, up 0.78% on the day. The volume in the stock stood at 171.09 lakh shares today, compared to the daily average of 328.95 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 49.5, down 5.53% on the day. tumbled 71.72% in last one year as compared to a 3.92% rally in NIFTY and a 29.75% spurt in the index.

The PE of the stock is 0 based on earnings ending June 18.

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First Published: Fri, November 16 2018. 13:35 IST