ICICI Group buys 1 lakh Infibeam shares

ICICI Group, ICICI Securities Primary Dealership on July 13, 2017 bought one lakh shares of e-commerce firm, Infibeam Incorporation for over Rs 11 crore through open market transactions. These shares were sold by Next Orbit Ventures Fund.

According to the data available on the BSE, ICICI Group has purchased 1 lakh shares, or 0.18% stake in the e-commerce company. The shares were acquired at an average price of Rs 1,107.5, valuing the transaction at Rs 11.07 crore.

Today, Infibeam Incorporation was trading at Rs 1,131.30, up by 0.57 % on BSE at 0953 hours. It opened at Rs 1,139.80 while on Thursday it closed at Rs 1,124.90. The scrip touched its intraday high and low at Rs 1,150.70 and 1,130.45, respectively. Its 52-week high stood at Rs 1,447.55 and low at Rs 657.50. 

Stock View :-

Infibeam Incorporation Ltd is currently trading at Rs 1137, up by Rs 12.1 or 1.08% from its previous closing of Rs 1124.9 on the BSE.

The scrip opened at Rs 1139.8 and has touched a high and low of Rs 1150.7 and Rs 1130.45 respectively. So far 190767(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 6105.77 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 1447.55 on 22-Feb-2017 and a 52 week low of Rs 657.5 on 27-Jul-2016. Last one week high and low of the scrip stood at Rs 1184 and Rs 1095.55 respectively.

The promoters holding in the company stood at 44.52 % while Institutions and Non-Institutions held 8.05 % and 47.42 % respectively.

The stock is currently trading above its 200 DMA.

Infibeam Incorporation Ltd :-
BSE 1,135.65 10.75    (0.96%)
NSE 1,137.25 11.15    (0.99%)


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