17.5100 -0.83 (-4.53%)
NSE Apr 25, 2025 15:31 PM
Volume: 10.6M
 

17.51
-4.53%
KRChoksey
In Q3FY24, Infibeam posted a 119.9 Y-o-Y (+15.4% Q-o-Q) rise in gross revenue to Rs. 9,120 Mn driven by 74.7% Y-o-Y (+1.4% Q-o-Q) rise in Total Processed Value (TPV) to Rs. 1,810 Bn and a 49.1% Y-o-Y (+7.6% Q-o-Q) rise in Gross Take Rate (GTR) from payments business (including CC Avenue domestic and International payments and UPI and Bill Avenue businesses) to 103 bps; partially offset by 44.4% Y-o-Y (+10.7% Q-o-Q) decline in GTRs from platform (GeM related
Gross Merchandise Value - GMV) business. Blended GTR stood at 97 bps, up 54.0% Y-o-Y (+8.2% Q-o-Q) though.
Infibeam Avenues Ltd. is trading below its 50 day SMA of 18.4
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