News for Infibeam Avenues Limited (INFIBEAM.BO)

Infibeam filed a draft letter of offer to raise INR 700 Cr via a rights issue to invest in Infibeam Projects, Phronetic AI and Reddif

May 26, 2025 / 11:00AM GMTOperator Ladies and gentlemen, good day, and welcome to the Infibeam Avenues Limited Q4 and FY25 conference call hosted by Go India Ad

Infibeam Avenues reported a 18.3% jump in its consolidated profit after tax to INR 54.7 Cr in Q4 FY25 from INR 46.2 Cr in Q4 FY24.

Jaiprakash Associates approves Rs 936.27 crore cash outflow; Reliance Defence partners with Rheinmetall AG; LIC sets Guinness World Record.

Equity indices fall on US tariff concerns, Sensex closes at 77,414.92, Nifty at 23,519.35; market closed on March 31.

Shares of Paytms parent company, One97 Communications, fell 5.5% after the Union Cabinet approved a Rs 1,500 crore incentive to promote low-value UPI transactions. The scheme offers small merchants a 0.15% incentive on UPI transactions up to Rs 2,000. Motilal Oswal lowered its target price for Paytm due to concerns over the macro-environment and UPI market share.

Infibeam Avenues said that its board approved divestment of 49% stake in Pirimid Technologies to its subsidiary Rediff.com for INR 27 Cr.

NSE Indices has launched the ‘Nifty India Internet & Ecommerce Index' to track the performance of companies that largely conduct business through online platforms.

Infibeam Avenues reported a marginal decline of 2.43% in its consolidated profit after tax (PAT) in Q2 FY25

Indian indices plunged amid global market sell-off due to Middle East tensions. BSE Sensex fell over 1,800 points, and Nifty50 fell over 500 points. However, some stocks like ITD Cementation, Infibeam Avenues, Sarda Energy and Minerals, Petronet LNG, Angel One, and Jubilant Ingrevia were trading in the green.

Aug 02, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Infibeam Avenues Limited Q1 FY25 earnings conference call hosted by Go Ind

Shares of Infibeam Avenue fell 8% to a day's low of Rs 27.93 on the BSE today, as the stock turned ex-date for its spin-off involving Infibeam Avenues, Odigma Consultancy Solutions, and Infibeam Projects Management. According to the scheme of arrangement, shareholders of Infibeam Avenue will receive 1 fully paid-up equity share (with a face value of Re 1) of Odigma Consultancy Solutions for every 89 equity shares they hold in Infibeam Avenue.

Infibeam Avenues shares fell 8.09 per cent to hit a low of Rs 27.93 on BSE, before recovering some lost ground. The stock was later trading at Rs 28.89, still down 1.73 per cent.

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Infibeam Avenues share price surged as much as 5.13 per cent at Rs 32.37 a piece per share on the BSE in Wednesday's intraday trade

Phronetic.AI secures $1 million contracts with hospitals and gas station chain, implementing AI Facility Manager with Theia Vision AI.

Shares of Orient Technologies, Jio Financial, Vodafone Idea, UPL, Wipro, NBCC, PNC Infratech and more may remain under the spotlight before the opening bell on Wednesday, August 28.

BASF India, Linde India, Adani Green Energy and Jindal SAW witnessed 20-22 per cent jump in their FY25 EPS forecasts. Among them, BASF India and Jindal SAW also saw their FY26 estimates rising by 28 per cent and 18 per cent, respectively.

The NSE Nifty index closed 180.5 points down at 24117.0