INFIBEAM AVENUES LIMITED is an Internet and Financial Technology company based in GIFT City, Gujarat. The company offers products in the segment of online payments, Infibeam share price target 2025, E-commerce software, and artificial intelligence. The company’s operating revenue in Fiscal year 2023 was 2,033 Crores. The company serves markets in India as well as overseas such as Middle East, USA, and Australia.
The company Infibeam share price target 2024 under the leadership of Mr Vishal Mehhta. The company’s share price in the near future will depend on the market share of the Indian fintech Company among the increasing competition from other big players like Justpay, Zeta in India, NCR Corp, and Finserv in the global market.
In this post, we will discuss the main factors that an investor should consider when considering the Infibeam share price target 2026 and in the coming years.
Infibeam Latest News
Infibeam Shares Price Today
Infibeam shares opened slightly lower on Friday, March 15, 2024, at Rs 37,20 per share on the National Stock Exchange (NSE). By 1 PM, the stock price of Infibeam NSE had fallen by 3.87%.
The company has recently launched its Artificial Intelligence (AI) platform ‘THEIA’ to generate Videos. ‘THEIA’ is expected to be of great use to industries that want to use AI for video analysis for sports analytics, media optimisation, traffic management, crowd control, insurance claims etc.
The company is also looking to expand its presence in the Middle East region with the PTSP certificate received from Saudi Payments.
Points to consider before investing in Infibeam Stock
Infibeam Acquires 20% Strategic Stake in US-Based Application and AI Company Xduce. The Board of Directors of Xduce Approved Infibeam’s Equity Acquisition on Infibeam share price prediction 2025.
In the 3rd quarter of FY2023, Infibeam added 2,2 lakh merchants to its platform. This indicates that Infibeam has been able to take advantage of the RBI licensing scheme and its relationships with partner banks.
In a further positive report, Infibeam Avenue’s CCAvenue Payment arm has entered into a partnership agreement with IDFC first bank. This partnership will enable the CCAvenue to provide extensive credit card Electronic Money Bill (EMB) solutions to IDFC Bank’s consumers all over the world.
The 3rd quarter financial report of FY2023 of Infibeam Avenue showed a healthy Profit After Tax (PAT) of Rs 42,1 (64% year-on-year) and exceptional EBITDAD of Rs 69,000 (45%).
Infibeam’s Gross Revenue increased by 120% in Q3 compared to the same quarter last year. The surge in the company’s gross revenue was driven by the festive season.
Conclusion
The infibeam share price history over the last five years on the stock market indicates a huge increase and return on investment (ROI) for its investors.
The NSE Infibeam stock price has increased by 229% since 15th March 2019. Currently, it is trading at Rs 36.15.
The infibeam Avenues share price has recovered from its low of Rs 10.96 in March 2019. However, it has not been able to make a recovery till very recently in Infibeam share price prediction 2030.
Infibeam Avenues stock price has been in a bearish trend since 25th July 2021 when it touched its low at Rs 27.33. However, the infibeam stock price picked up its pace on the positive trend on the stock market from August 2023 and has increased by over 150% to Rs 36.15 (Aug 23).
The infibeam share price forecast is highly dependent on the factors mentioned above, such as the financial situation of infibeam avenues Ltd, the partnerships in hand, and the plan to expand the customer base. Infibeam has a partnership with Xduce, a US-based artificial intelligence company. Infibeam also has a partnership with IDFC first bank. However, an investor needs to be careful when investing in the market.
India Property Dekho would always advise investors to consult the experts before making any kind of investment.