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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 1695.00
AvenuesAI 13.81
Billionbrains Garage 200.70
Moneyview 59.70
Pine Labs 165.10
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