September 28, 2018 / 5:28 AM / 2 months ago

BUZZ-India's Infibeam Avenues posts biggest ever intraday pct fall

** E-commerce company Infibeam Avenues Ltd tumbles 58.2 pct to 83.65 rupees in its biggest ever intraday pct fall

** Stock hits lowest since Nov 9, 2016 - a day after Indian govt began its demonetization drive to ban high denomination bank notes

** “There is no pending information or announcement from the company which may have a bearing on the price behaviour in the scrip,” co said in a statement after stock took a beating

** 55.1 mln shares change hands, 8 times the 30-day avg volume

** Up to Thursday’s close, stock had risen 60 pct this year

** CO scheduled to have its annual general meeting on Saturday

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below