Infibeam Avenues Sees Surge in Trading Activity Amid Fintech Sector Trends

Infibeam Avenues Ltd, a prominent player in the Financial Technology (Fintech) sector, has emerged as one of the most active equities today, with a total traded volume of 21,275,569 shares and a total traded value of approximately Rs 33.83 crore. The stock opened at Rs 16.02 and reached a day high of Rs 16.27, although it also dipped to a day low of Rs 15.60. As of the latest update, the last traded price (LTP) stands at Rs 15.67, which positions it close to its 52-week low of Rs 15.25, just 3.6% away.
Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, Infibeam Avenues has shown resilience by outperforming its sector, achieving a 1.34% return for the day compared to a sector return of -0.30%. Notably, the delivery volume has surged to 1.65 crore shares, reflecting a 29% increase against the 5-day average, indicating rising investor participation. The stock's liquidity remains robust, accommodating trade sizes of Rs 0.85 crore based on 2% of the 5-day average traded value. Overall, Infibeam Avenues continues to navigate a dynamic market landscape with significant trading activity.