Infibeam Avenues Ltd. (INFIBEAM) is a digital payments and enterprise software company. It provides a range of services, including payment processing, e-commerce platform, and enterprise software solutions. Offers integrated & scalable digital platforms consisting of Digital Payment Solution under the brand name CCAvenue and Enterprise Software solutions under the brand name BuildaBazaar.
Technical Analysis
Moving averages: Infibeam's stock price is currently above its 50-day and 200-day moving averages, which is a bullish signal.
Relative Strength Index (RSI): Infibeam's RSI is currently at 55, which is in the neutral zone.
MACD: Infibeam's MACD is currently above its signal line, which is a bullish signal.
Overall, the technical analysis of Infibeam's stock is bullish.
Financial Analysis
Revenue: Infibeam's revenue has been growing steadily in recent years. In the fiscal year 2022-23, its revenue grew by 76.64% year-over-year.
Net profit: Infibeam's net profit has also been growing steadily in recent years. In the fiscal year 2022-23, its net profit grew by 102.43% year-over-year.
Margins: Infibeam's margins have been improving in recent years. In the fiscal year 2022-23, its operating margin was 12.34% and its net profit margin was 9.17%.
Overall, the financial analysis of Infibeam's stock is positive.
Closing Market Price
Infibeam's current CMP on October 5, 2023 is 13.95 INR.
Based on the technical, financial analysis and current CMP, Infibeam's stock looks like a good buy for the long term. However, it is important to note that the stock market is volatile and there is no guarantee of profits. Investors should always do their own research before making any investment decisions.
Here are some additional factors to consider before investing in Infibeam:
The company is facing increasing competition from other digital payments and e-commerce companies.
The company is still relatively small and has a limited market share.
The company is reliant on a few key customers.
Overall, Infibeam's stock is a risky investment, but it has the potential to generate good returns over the long term. Investors should carefully consider their risk tolerance and investment goals before investing in this stock. Want to invest in this stock? Open FREE Upstox Demat account in just 2 mins!
Disclaimer: I am not a financial advisor and this is not financial advice.
All the data mentioned here are as on October 5, 2023.