Infibeam Avenues Ltd. Share Price Prediction, Targets, History & Analysis for NSE, BSE

Infibeam Avenues Ltd. Share Price Prediction, Targets, History & Analysis for NSE, BSE

Infibeam Avenues is an Indian e-commerce giant that is involved in Digital payments, data centers and technology platforms for enterprises with help of SAAS (Software as a service). 

Infibeam avenues provide multiple digital solutions which include payment gateway services such as CCAvenue, BillAvenue. Customized central hospitality management service is known as RESAvenue, Infibeam avenues data centers, .ooo Domain solutions and Buildabazaar an enterprise e-commerce solution.

History and Current share price of Infibeam Avenues Ltd in BSE & NSE

Infibeam Avenues Ltd share is currently trading at 58.75 on BSE and 58.75 on NSE at the time of writing of this article on 23rd February 2020. 

Infibeam shares were consistent in growth since its inception in April 2016 giving steady growth to investors till it encountered a huge crash. On September 29 Infibeam avenues share felt down by 70% before and kept going down till it saw a low of 27.50 in October 2018. 

The share has been moving horizontally since then showing little correction and currently trades around 58.75. 

The P/E ratio for share is 63.17 which means 63.15 rs needs to be invested to earn 1 Rs. Price/Book ratio for share is 1.52, Total Debt is 35.16Cr. Looking at the figures for the company the share looks correctly priced though the last crash makes the sentiment semi bullish for us.

Price prediction for Infibeam Avenues shares and expected targets as on 23rd Feb 2020. 

Infibeam avenues ltd looks to be a share which definitely makes you think twice about the offer as their business model has services that can get scaled in the future. 

We also want to mention that we are not financial advisors and our views are just our perception, do not take this as financial advice. 

Our prediction for Infibeam avenues Ltd will be that it is a moderate risk stock that has the potential of slow consistent growth. We don't expect it to shoot up soon but we can expect a 2x-2.5x in 3 years. 

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