Infibeam Incorporation Ltd
INFIBEAM

1,100.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,100.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,100.00

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Accumulate
Reco. Price
Rs 972.00
We recommend ACCUMULATE, as expected acquisition of CC Avenue and MOUs signed for e-commerce projects are expected to boost topline. Additionally, the government's push towards cashless economy will boost the revenue further. However, we see limited upside with stock trading at premium valuation of 37x P/E on FY18E earnings. (Target Price - Rs.1050).
Detailed View
50 DMA (.)
1,264.31
100 DMA (.)
1,218.36
200 DMA (.)
1,035.73
Weekly Range (.)
1,025.05
1,144.65
Monthly Range (.)
901.50
1,400.00
52 Weeks Range (.)
480.20
1,448.80
Detailed Chart
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