MoneyWorks4Me

Foreign investor sells 3.63 lakh shares of Infibeam Incorporation

04 Aug 2017 Evaluate

Foreign investor LTS Investment Fund has sold over 3.63 lakh shares or 0.66 per cent stake in e-commerce firm Infibeam Incorporation, through an open market transaction. The shares were disposed of at an average price of Rs 1,412.93 apiece, valuing the transaction at Rs 51.37 crore.

Infibeam Incorporation is an e-commerce company, provides a cloud-based technology platform, and e-commerce infrastructure and logistics support for various merchants, products, and services in India.

Peers
Company Name CMP
One97 Communications 1672.60
AvenuesAI 15.91
Billionbrains Garage 187.25
Pine Labs 176.65
Seshaasai Tech. 382.25
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