Infibeam Avenues jumps on getting nod to invest in Vishko22
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Infibeam Avenues is currently trading at Rs. 15.99, up by 0.11 points or 0.69% from its previous closing of Rs. 15.88 on the BSE.
The scrip opened at Rs. 16.34 and has touched a high and low of Rs. 16.86 and Rs. 15.91 respectively. So far 1352556 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.50 on 18-Oct-2021 and a 52 week low of Rs. 12.50 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 17.25 and Rs. 14.53 respectively. The current market cap of the company is Rs. 4293.42 crore.
The promoters holding in the company stood at 30.64%, while Institutions and Non-Institutions held 7.12% and 62.24% respectively.
Infibeam Avenues has received an approval to make investment in Vishko22 Products & Services (Vishko22). Post investment, Vishko22 would become an Associate Company. The Board of Directors at its meeting has considered and approved the same.
Infibeam Avenues is engaged in providing online retail services.
