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Latest news with #InfibeamAvenuesLtd

TD Power Systems Ltd leads losers in 'A' group
TD Power Systems Ltd leads losers in 'A' group

Business Standard

time9 hours ago

  • Business
  • Business Standard

TD Power Systems Ltd leads losers in 'A' group

Cohance Lifesciences Ltd, Infibeam Avenues Ltd, Aegis Logistics Ltd and DCM Shriram Ltd are among the other losers in the BSE's 'A' group today, 27 June 2025. Cohance Lifesciences Ltd, Infibeam Avenues Ltd, Aegis Logistics Ltd and DCM Shriram Ltd are among the other losers in the BSE's 'A' group today, 27 June 2025. TD Power Systems Ltd crashed 5.21% to Rs 512.6 at 14:46 stock was the biggest loser in the BSE's 'A' the BSE, 2.07 lakh shares were traded on the counter so far as against the average daily volumes of 79665 shares in the past one month. Cohance Lifesciences Ltd lost 5.10% to Rs 951. The stock was the second biggest loser in 'A' the BSE, 10005 shares were traded on the counter so far as against the average daily volumes of 7592 shares in the past one month. Infibeam Avenues Ltd tumbled 3.83% to Rs 16.82. The stock was the third biggest loser in 'A' the BSE, 23.39 lakh shares were traded on the counter so far as against the average daily volumes of 19.37 lakh shares in the past one month. Aegis Logistics Ltd plummeted 3.42% to Rs 797.5. The stock was the fourth biggest loser in 'A' the BSE, 73374 shares were traded on the counter so far as against the average daily volumes of 34456 shares in the past one month. DCM Shriram Ltd slipped 3.20% to Rs 1162.75. The stock was the fifth biggest loser in 'A' the BSE, 6038 shares were traded on the counter so far as against the average daily volumes of 4669 shares in the past one month.

L T Foods Ltd leads losers in 'A' group
L T Foods Ltd leads losers in 'A' group

Business Standard

time5 days ago

  • Business
  • Business Standard

L T Foods Ltd leads losers in 'A' group

Godrej Industries Ltd, Infibeam Avenues Ltd, Surya Roshni Ltd and Sterlite Technologies Ltd are among the other losers in the BSE's 'A' group today, 23 June 2025. Godrej Industries Ltd, Infibeam Avenues Ltd, Surya Roshni Ltd and Sterlite Technologies Ltd are among the other losers in the BSE's 'A' group today, 23 June 2025. L T Foods Ltd tumbled 6.73% to Rs 404.7 at 14:46 stock was the biggest loser in the BSE's 'A' the BSE, 3.28 lakh shares were traded on the counter so far as against the average daily volumes of 60892 shares in the past one month. Godrej Industries Ltd crashed 4.32% to Rs 1290.15. The stock was the second biggest loser in 'A' the BSE, 10167 shares were traded on the counter so far as against the average daily volumes of 20010 shares in the past one month. Infibeam Avenues Ltd lost 4.00% to Rs 20.14. The stock was the third biggest loser in 'A' the BSE, 11.36 lakh shares were traded on the counter so far as against the average daily volumes of 14.63 lakh shares in the past one month. Surya Roshni Ltd plummeted 4.00% to Rs 332.5. The stock was the fourth biggest loser in 'A' the BSE, 20193 shares were traded on the counter so far as against the average daily volumes of 20256 shares in the past one month. Sterlite Technologies Ltd shed 3.86% to Rs 101.95. The stock was the fifth biggest loser in 'A' the BSE, 11.5 lakh shares were traded on the counter so far as against the average daily volumes of 29.31 lakh shares in the past one month.

Anand Rathi stock recommendation: THIS small-cap stock below ₹20 may rise over 20% in one month
Anand Rathi stock recommendation: THIS small-cap stock below ₹20 may rise over 20% in one month

Mint

time21-05-2025

  • Business
  • Mint

Anand Rathi stock recommendation: THIS small-cap stock below ₹20 may rise over 20% in one month

Shares of Infibeam Avenues Ltd, a small-cap digital payments and e-commerce infrastructure company, may be poised for a sharp rally, according to domestic brokerage Anand Rathi. The brokerage has issued a bullish call on the stock, suggesting it could gain more than 20 percent in the next one month, backed by a strong technical setup and improving momentum indicators. Anand Rathi observed that Infibeam has recently broken out above a falling trendline on the daily chart—an important technical development that suggests a shift in trend after a prolonged period of underperformance. The current chart structure also shows the emergence of an Inverse Head and Shoulder formation, a widely followed reversal pattern in technical analysis. Additionally, the brokerage noted the formation of a bullish AB=CD harmonic pattern, with the reversal zone seen between ₹ 17–18. This zone is being closely watched as a key support area and also serves as a logical stop-loss placement for traders. Strengthening the bullish case further is a positive divergence in the weekly Relative Strength Index (RSI)—a momentum indicator that often signals a price reversal when RSI trends higher despite falling prices. This suggests improving strength behind the recent uptick in the stock. Based on its technical analysis, Anand Rathi recommended initiating long positions in the ₹ 19–19.5 range. The stock, currently trading below ₹ 20, offers an upside target of ₹ 23.75, indicating a potential gain of over 20 percent from the lower end of the recommended entry band. To mitigate risk, a stop-loss below ₹ 17 on a daily closing basis has been advised by the brokerage. Beyond technicals, Infibeam has also made headlines recently by announcing a plan to raise up to ₹ 700 crore via a rights issue of equity shares. The move is expected to strengthen the company's capital base and support its future growth initiatives. According to its filing, Infibeam will offer the new shares to existing shareholders, with final details such as pricing and entitlement ratio to be determined by a newly formed Rights Issue Committee. The company said it will proceed with the fundraising upon receiving regulatory approvals, although no specific timeline has been announced. While the smallcap stock has corrected nearly 42 percent over the past year, it has shown signs of recovery in recent weeks. Infibeam has gained 14 percent in May so far, extending its upward trend from April's 3 percent rise. However, the preceding months were weak for the stock—it fell 9 percent in March, 20 percent in February, and 12.7 percent in January.

Anand Rathi stock recommendation: THIS small-cap stock below  ₹20 may rise over 20% in one month
Anand Rathi stock recommendation: THIS small-cap stock below  ₹20 may rise over 20% in one month

Mint

time21-05-2025

  • Business
  • Mint

Anand Rathi stock recommendation: THIS small-cap stock below ₹20 may rise over 20% in one month

Shares of Infibeam Avenues Ltd, a small-cap digital payments and e-commerce infrastructure company, may be poised for a sharp rally, according to domestic brokerage Anand Rathi. The brokerage has issued a bullish call on the stock, suggesting it could gain more than 20 percent in the next one month, backed by a strong technical setup and improving momentum indicators. Anand Rathi observed that Infibeam has recently broken out above a falling trendline on the daily chart—an important technical development that suggests a shift in trend after a prolonged period of underperformance. The current chart structure also shows the emergence of an Inverse Head and Shoulder formation, a widely followed reversal pattern in technical analysis. Additionally, the brokerage noted the formation of a bullish AB=CD harmonic pattern, with the reversal zone seen between ₹ 17–18. This zone is being closely watched as a key support area and also serves as a logical stop-loss placement for traders. Strengthening the bullish case further is a positive divergence in the weekly Relative Strength Index (RSI)—a momentum indicator that often signals a price reversal when RSI trends higher despite falling prices. This suggests improving strength behind the recent uptick in the stock. Based on its technical analysis, Anand Rathi recommended initiating long positions in the ₹ 19–19.5 range. The stock, currently trading below ₹ 20, offers an upside target of ₹ 23.75, indicating a potential gain of over 20 percent from the lower end of the recommended entry band. To mitigate risk, a stop-loss below ₹ 17 on a daily closing basis has been advised by the brokerage. Beyond technicals, Infibeam has also made headlines recently by announcing a plan to raise up to ₹ 700 crore via a rights issue of equity shares. The move is expected to strengthen the company's capital base and support its future growth initiatives. According to its filing, Infibeam will offer the new shares to existing shareholders, with final details such as pricing and entitlement ratio to be determined by a newly formed Rights Issue Committee. The company said it will proceed with the fundraising upon receiving regulatory approvals, although no specific timeline has been announced. While the smallcap stock has corrected nearly 42 percent over the past year, it has shown signs of recovery in recent weeks. Infibeam has gained 14 percent in May so far, extending its upward trend from April's 3 percent rise. However, the preceding months were weak for the stock—it fell 9 percent in March, 20 percent in February, and 12.7 percent in January. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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