India's Infibeam Avenues hits near 2-year high after Bandhan Bank tie-up
Published by Reuters (TradingView) | 12th December, 2023
- Shares of fintech co Infibeam Avenues Ltd rise 7.8% to 23.4 rupees, hits highest since Jan 31, 2022
- Bandhan Bank's EMI facilities to be introduced to over 10 mln merchants via Infibeam's payment gateway brand CCAvenue
- IFIB has been trading above its 100-day simple moving avg since Sept 6
- Stock on track to gain this year, after two consecutive years of losses
- More than 6 bln shares traded this year, most active year yet since 2019 - LSEG data
- IFIB last up 7.3%, bringing YTD gains to 40.4%; BANH last up 0.5%
INFIBEAM AVENUES
