Infibeam Avenues Ltd spurts 1.25%

Capital Market 

Infibeam Avenues Ltd is quoting at Rs 40.55, up 1.25% on the day as on 12:54 IST on the NSE. The stock is down 82.74% in last one year as compared to a 4.71% fall in NIFTY and a 2.91% fall in the Nifty IT index.

Infibeam Avenues Ltd rose for a third straight session today. The stock is quoting at Rs 40.55, up 1.25% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 10973.2. The Sensex is at 37081.13, down 0.06%. Infibeam Avenues Ltd has dropped around 6.24% in last one month.

Meanwhile, Nifty IT index of which Infibeam Avenues Ltd is a constituent, has dropped around 0.89% in last one month and is currently quoting at 15583.25, up 0.14% on the day. The volume in the stock stood at 16.9 lakh shares today, compared to the daily average of 16.1 lakh shares in last one month.

The PE of the stock is 56.27 based on TTM earnings ending June 19.

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First Published: Fri, September 13 2019. 13:05 IST