News for Infibeam Avenues Limited (INFIBEAM.BO)

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.

Zerodha - India's biggest stock broker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity and mutual funds

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

Stock including SBI, Suzlon, PB Fintech, Lupin, Tata Power, Gland Pharma, Bata, GR Infra and more may remain under the spotlight before the opening bell on Wednesday, August 7.

The NSE Nifty index closed 662.11 points down at 24055.6

The NSE Nifty index closed 293.21 points down at 24717.7

Stocks to watch today, August 2, 2024: GIFT Nifty indicates a somber start for the benchmark equity indices on Friday. Here is the list of buzzing stocks to watch during today's trading session

The 30-share BSE Sensex pack rallied 1,171 points or 1.46 per cent to trade at 81,211, while the broader NSE Nifty index moved 374 points or 1.53 per cent to trade at 24,780.

Q4 results today: Among the key companies reporting today, Biocon will be under scrutiny for its revenue growth and profit margins. Hindustan Aeronautics, a major player in the aerospace sector, will also post its results.

The Nifty Bank index closed 0.64 per cent down at 46981.3.