Infibeam Avenues share price (NSE: INFIBEAM) closed at ₹20.25 on 10 October 2023, up 2.79% from the previous day’s close. The stock has been on a bull run in recent months, and has gained over 30% since the beginning of the year.
Infibeam Avenues is a leading payment solutions provider in India. The company provides a wide range of payment solutions, including online payment gateways, mobile wallets, and point-of-sale (POS) terminals. It also operates a number of e-commerce platforms.
The company’s recent performance has been driven by a number of factors, including:
- Increased adoption of digital payments in India
- Growing demand for e-commerce
- The company’s strong market position and wide range of products and services
Analysts are bullish on the stock, and believe that it has the potential to deliver further upside in the coming months. They cite the company’s strong fundamentals, healthy growth prospects, and attractive valuations as key reasons for their optimism.
Please note that this is just a general overview of the company and its stock performance. It is important to do your own research before making any investment decisions.