Infibeam Avenues is currently trading at Rs. 75.95, up by 1.70 points or 2.29% from its previous closing of Rs. 74.25 on the BSE.
The scrip opened at Rs. 75.00 and has touched a high and low of Rs. 75.95 and Rs. 74.50 respectively. So far 5661 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 84.00 on 16-Sep-2020 and a 52 week low of Rs. 26.55 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 76.85 and Rs. 71.25 respectively. The current market cap of the company is Rs. 5018.64 crore.
The promoters holding in the company stood at 32.33%, while Institutions and Non-Institutions held 7.33% and 59.92% respectively.
Infibeam Avenues has divested its 51% ownership with control in its Wholly Owned Subsidiary i.e. Infibeam Logistics to Osia Hypermart Retail (Osia). The consideration received from such sale/disposal is Rs 19 crore for 51% Equity Ownership with control.
Osia is an emerging supermarket chain with a focus on value retailing. It offers thousands of products under a single roof which caters to every need of a family under a modern ambience large retail mall.
Infibeam Avenues is engaged in providing online retail services.
