Infibeam Avenues Ltd

The company announced 5% dividend for the fiscal 2022-23

BillAvenue is a unified inter-operable online bill payments platform built on the Bharat BillPay infrastructure targets 5 million agents by 2025

Buzzing stocks: HPCL, NTPC, SJVN, Infibeam Avenues, Hindustan Unilever, M&M Financial, Likhitha Infrastructure, Krishna Institute of Medical Sciences, Artson Engineering, GR Infraprojects, Supriya Lifesciences, RattanIndia Enterprises

E-commerce business grew marginally by about 3 per cent year-on-year

Infibeam’s strong up move was in reaction to the RBI’s nod for a payment aggregator license.

Buzzing stocks: Syrma SGS, HDFC Bank, Nelco, Infibeam Avenues, Gland Pharma, Eicher Motors, Max Life Insurance

Total Transaction Processing Value increased by 72 per cent to Rs 87,218 crore in the first quarter

Hirve will be responsible for strategy and overseeing the quick deployment of softPoS technology across India 

Eyes 17 per cent CAGR to achieve transaction value of $1,75,000 mn by 2026 

Company eyes ₹4 lakh crore transaction value this fiscal driven by TapPay technology 

Buzzing stocks: Automobiles, Tata Steel Long, Tata Power, SBI, Tech Mahindra, Infibeam, Mangalam Organics, Adani Ports, Cholamandalam, P&G Hygiene, TTK Prestige, Indian Hotels

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