INFIBEAM AVENUES Share Price Up by 6%; BSE IT Index Down 0.3%
Fri, 20 Aug 02:52 PM

INFIBEAM AVENUES share price has zoomed 6% and is presently trading at Rs 43.

Meanwhile, the BSE IT Index is at 33,710 (down 0.3%).

Among the top Gainers in the BSE IT Index today are INFIBEAM AVENUES (up 6.1%) and MINDTREE (up 5.3%).

INFOSYS (down 0.1%) and MPHASIS (down 0.1%) are among the top losers today.

Over the last one year, INFIBEAM AVENUES has moved up from Rs 36 to Rs 43, registering a gain of Rs 7 (up 18.4%).

On the other hand, the BSE IT has moved up from 18,347 to 33,710, registering a gain of 15,363 points (up 82.4%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were TATA ELXSI (up 363.1%), FIRSTSOURCE SOLUTIONS (up 265.2%) and INTELLECT DESIGN (up 227.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 55,543 (down 0.4%).

The top gainers among the BSE Sensex stocks today are HUL (up 5.3%), ASIAN PAINTS (up 3.6%) and NESTLE (up 2.6%). Other gainers include BAJAJ FINANCE (up 2.3%) and HDFC (up 0.4%). The most traded stocks in the BSE Sensex are ITC and ASIAN PAINTS.

In the meantime, NSE Nifty is at 16,510 (down 0.6%). The top gainers in the NSE Nifty include BRITANNIA (up 5.4%), HUL (up 5.3%) and ASIAN PAINTS (up 3.8%). Other gainers include NESTLE (up 2.5%) and BAJAJ FINANCE (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,051 to 55,543, registering a gain of 17,492 points (up 45.60%).

INFIBEAM AVENUES Financial Update...

INFIBEAM AVENUES net profit down at Rs 101 million for the quarter ended June 2021, compared to a loss of Rs 150 million a year ago. Net Sales declined 5.0% to Rs 2.2 billion during the period as against Rs 2.3 billion in April-June 2020.

For the year ended March 2020, INFIBEAM AVENUES reported 51.9% decrease in net profit to Rs 571.0 million compared to net profit of Rs 1.2 billion during FY19.

Revenue of the company grew 44.1% to Rs 6 billion during FY20.

The current Price to earnings ratio of INFIBEAM AVENUES, based on rolling 12 month earnings, stands at 43.3x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Aug 20, 2021 Closing

Indian share markets witnessed negative trading activity throughout the day today and ended lower.

Aug 20, 2021 12:30 pm

BSE Sensex is trading down by 224 points, while the NSE Nifty is down by 100 points.

Aug 20, 2021 09:30 am

Indian share markets open lower. The BSE Sensex opened down by 358 points, while the Nifty is trading lower by 116 points.

Aug 20, 2021 09:50 AM

The BSE METAL Index Down at 20,338 (down 3.8%). Among the top losers in the BSE METAL Index today are HINDALCO, TATA STEEL and JSW STEEL. Meanwhile, the BSE Sensex has plunged 0.4% to 55,454.

Aug 20, 2021 09:32 AM

MINDTREE share price is trading up by 6% and its current market price is Rs 3,372. The BSE IT is up by 0.1%. The top gainers in the BSE IT Index is MINDTREE (up 5.5%). The top losers are HCL TECHNOLOGIES (down 0.1%) and PERSISTENT SYSTEMS (down 0.2%).

Aug 20, 2021 09:30 AM

HINDALCO share price is trading down by 5% and its current market price is Rs 417. The BSE 500 is down by 0.7%. The top gainers in the BSE 500 Index are ADANI TOTAL GAS (up 5.0%) and ADANI TRANSMISSION (up 5.0%). The top losers are HINDALCO (down 5.2%) and UJJIVAN FINANCIAL SERVICES (down 6.0%).

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