Infibeam Surges Most in Three Months After Smaller Cap World Fund Buys Stake — Shares of the Ahmedabad-based online shopping website operator rose as much as 6.5 percent, the most in three months, to Rs 162 after Smaller Cap World Fund Inc. bought 1.89 crore shares or 3.5 percent equity at Rs 152 each.
#BQStocks | Smaller Cap World Fund bought 1.89 crore shares of Infibeam or 3.5% equity at Rs 152 each, Infibeam stock rises more than 5%.https://t.co/IoUL0GGLIf pic.twitter.com/Wrc7Mw0vyh
— BloombergQuint (@BloombergQuint) April 3, 2018
Meanwhile, Affluence Gems Private Limited sold 30 lakh shares or 0.6 percent equity at Rs 152 each.
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