Infibeam shines on getting into agreement to put money into Instant Global Paytech

Infibeam shines on getting into agreement to put money into Instant Global Paytech

by admin- Tuesday, December 4th, 2018 04:36:48 PM

Infibeam Avenues is presently trading at Rs. Fifty one.35, up via three.50 factors or 7.31% from its preceding closing of Rs. 47.85 at the BSE.

The scrip opened at Rs. 48.Sixty five and has touched a excessive and low of Rs. 52.Forty and Rs. 48.Sixty five respectively. So a long way 1232699 shares were traded on the counter.

The BSE group ‘A’ stock of face cost Rs. 1 has touched a fifty two week excessive of Rs. 242.Eighty on 18-Sep-2018 and a 52 week low of Rs. 27.Sixty five on 29-Oct-2018.

Last one week high and coffee of the scrip stood at Rs. 52.Forty and Rs. 39.50 respectively. The present day marketplace cap of the corporation is Rs. 3383.30 crore.

The promoters holding within the agency stood at 38.22%, at the same time as Institutions and Non-Institutions held 9.21% and fifty two.57% respectively.

Infibeam Avenues (Infibeam) has entered into an settlement for funding in Instant Global Paytech. The employer intention to make strategic investment to allow get admission to of virtual price platform for unbanked and underbanked individuals with deeper penetration of digital payment abilties. The cost of acquisition is Rs 6 crore.

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