Infibeam Avenues Shows Strong Trading Activity and Outperformance in Fintech Sector

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 8,323,762 shares and a total traded value of approximately Rs 1,777.96 lakhs. The stock opened at Rs 20.75 and reached a day high of Rs 22.05, reflecting a notable intraday increase of 4.8%. Currently, the last traded price stands at Rs 21.75.
In terms of performance, Infibeam Avenues has outperformed its sector by 3.88%, marking a consecutive gain over the last two days with a total return of 6.27% during this period. The stock's liquidity remains robust, with a delivery volume of 80.18 lakhs on June 24, which is a 7.61% increase compared to the five-day average delivery volume.

The stock is trading above its 5-day, 50-day, and 100-day moving averages, although it remains below the 20-day and 200-day moving averages. With a market capitalization of Rs 6,053.20 crore, Infibeam Avenues continues to demonstrate significant activity and performance in the mid-cap segment of the market. Overall, the stock's recent performance highlights its active engagement in the financial technology landscape.