Infibeam Avenues announced that the Annual General Meeting (AGM) of the company will be held on 23 September 2021.

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Net profit of Infibeam Avenues rose 18.14% to Rs 14.07 crore in the quarter ended June 2021 as against Rs 11.91 crore during the previous quarter ended June 2020. Sales rose 120.30% to Rs 216.42 crore in the quarter ended June 2021 as against Rs 98.24 crore during the previous quarter ended June 2020.

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Infibeam Avenues will hold a meeting of the Board of Directors of the Company on 10 August 2021.

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Infibeam Avenues Ltd rose 5.51% today to trade at Rs 57.45. The S&P BSE IT Sector index is up 0.96% to quote at 29306.65. The index is up 8.63 % over last one month. Among the other constituents of the index, Brightcom Group Ltd increased 4.99% and Mastek Ltd added 2.21% on the day. The S&P BSE IT Sector index went up 100.42 % over last one year compared to the 50.52% surge in benchmark SENSEX.

Infibeam Avenues Ltd has added 43.62% over last one month compared to 8.63% gain in S&P BSE IT Sector index and 3.65% rise in the SENSEX. On the BSE, 1.91 lakh shares were traded in the counter so far compared with average daily volumes of 13.99 lakh shares in the past one month. The stock hit a record high of Rs 58.4 on 23 Jun 2021. The stock hit a 52-week low of Rs 28.05 on 01 Jul 2020.

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