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Infibeam gains on partnering with Network18 Group to launch online financial platform in Hindi

AvenuesAI Ltd. | Fintech | IT & ITES | BSE: 539807 | NSE: CCAVENUE

28 Jun 2018 Evaluate

Infibeam Incorporation is currently trading at Rs. 157.00, up by 2.90 points or 1.88% from its previous closing of Rs. 154.10 on the BSE.

The scrip opened at Rs. 155.70 and has touched a high and low of Rs. 158.35 and Rs. 154.75 respectively. So far 248076 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 195.75 on 06-Nov-2017 and a 52 week low of Rs. 87.00 on 25-Sep-2017.

Last one week high and low of the scrip stood at Rs. 164.05 and Rs. 151.85 respectively. The current market cap of the company is Rs. 10327.30 crore.

The promoters holding in the company stood at 44.52%, while Institutions and Non-Institutions held 12.83% and 42.65% respectively.

Infibeam Incorporation has partnered with Network18 Group for launching one of the largest online financial platform moneycontrol.ooo in Hindi. Moneycontrol Hindi will be available on multiple digital platforms including web and mobile. Developed on advance and scalable technology, Moneycontrol.ooo - Hindi is capable of generating strong repository of news content (text and videos), analysis, data and tools on investing (across diverse asset classes), personal finance, the business sector and the economy along with the integration of existing multiple media assets of Network18.

Both the companies will jointly promote Moneycontrol Hindi to channelize traffic. Moneycontrol Hindi on Infibeam platform will enable Network18 to expand its audience reach while offering seamless experience to search and consume financial information in regional format.

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.

AvenuesAI Share Price

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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Infibeam gains on partnering with Network18 Group to launch online financial platform in Hindi

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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