InfoBeans Technologies Ltd Spurts 6.5%
InfoBeans Technologies Ltd gained 6.5% today to trade at Rs 420. The BSE Information Technology index is up 0.47% to quote at 36761.67. The index is down 4.17 % over last one month. Among the other constituents of the index, Magellanic Cloud Ltd increased 3.74% and Wipro Ltd added 3.46% on the day. The BSE Information Technology index went down 9.69 % over last one year compared to the 1.05% surge in benchmark SENSEX.
InfoBeans Technologies Ltd has added 10.22% over last one month compared to 4.17% fall in BSE Information Technology index and 0.92% rise in the SENSEX. On the BSE, 1 shares were traded in the counter so far compared with average daily volumes of 1584 shares in the past one month. The stock hit a record high of Rs 500.45 on 29 Aug 2024. The stock hit a 52-week low of Rs 269.95 on 07 Apr 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
10 minutes ago
- Hindustan Times
Vivo Y400 5G mobile: Launch in India, price, specifications, and features
Vivo Y400 5G mobile is launching in India on August 4, 2025. The smartphone is expected to be the base variant of the previously launched Vivo Y400 Pro model. Therefore, we can expect the smartphone to be introduced under Rs. 25,000. While Vivo is already teasing the smartphone on its India website, it has yet to reveal the specifications and features of the smartphone. However, just a day before launch, the Vivo Y400 5G specifications, features, and design have been leaked online. Reportedly, the smartphone will be introduced in two colour variants: Glam White and Olive Green, with a unique-looking design. Here's what we know about the mid-ranger so far. Vivo Y400 5G is expected to launch in Glam White and Olive Green colour options.(Vivo ) Vivo Y400 5G mobile launch: Specifications and features According to a tipster, Sudhanshu Ambhore, the Vivo Y400 5G will likely feature a 6.67-inch AMOLED display with 120Hz refresh rate, full HD+ resolution, and up to 1800 nits peak brightness. The smartphone is rumoured to be powered by the Snapdragon 4 Gen 2 processor paired with 8GB of RAM and up to 256GB of internal storage. For photography, the Vivo Y400 5G will likely feature a dual camera setup that may include a 50MP main camera and a 2MP auxiliary lens. For selfies, the smartphone could sport a 32MP front-facing camera. Lastly, it is expected to be backed by a 6,000mAh battery that comes with 90W fast charging support. With promising features, the Vivo Y400 could also offer a durable build with IP68 and IP69 ratings for water and dust protection. The teased design also showcases a textured rear panel for the white colour variant, similar to the Y400 Pro model. Now, to confirm these claims, we will have to wait until tomorrow's launch to see what the Vivo Y series smartphone has in store for the users. Vivo Y400 5G price in India The Vivo Y400 5G is expected to launch in two storage options of 8GB+128GB and 8GB+256GB. The base storage model is expected to be priced at Rs. 21,999, whereas the 256GB variant could cost Rs. 23,999 in India.
Indian Express
10 minutes ago
- Indian Express
SMEs in Pune and Pimpri-Chinchwad seek govt intervention to cushion blow of Trump's tariffs on India
Small-scale industries in Pune and Pimpri-Chinchwad have urged the Central and Maharashtra governments to take immediate steps to mitigate the negative effects of the 25 per cent tariffs on imports from India proposed by United States President Donald Trump. Industrialist Arun Firodia has called for a drastic reduction in electricity charges as well as interest rates to ensure the sustainability of engineering exports. Firodia, who is the chairman of Kinetic Group, said drastic steps like a reduction in electricity rates have to be taken to keep up the competitiveness of Indian engineering goods in the US and world market. 'Our industries should get electricity at Rs 2 per unit,' he said. At present, industrial units purchase electricity at Rs 8.32 per unit in the state, which is one of the highest in the country. 'The government must take steps to increase the purchase power of the consumer by reducing domestic taxation,' he said. Last week, Trump announced a 25 per cent tariff on Indian imports from August 7, alongside an additional but unspecified 'penalty' for India's defence and energy imports from Russia. Small- and medium-scale industries in Pune and Pimpri Chinchwad are mostly vendors and sub-vendors of the automotive industry in the district. In Pimpri-Chinchwad alone, more than 5,000 small and medium-scale industries employ over 3-4 lakh people in various engineering operations. SMEs are also involved in exports directly or indirectly. Precious stones, engineering goods, pharmaceutical, textiles are some of the major exports from the country to the USA. Abhay Bhor, president of the Federation of Small Scale Industries Association in Pimpri-Chinchwad, urged both the state and Central government to take urgent steps to mitigate the effects of the tariff. 'Engineering goods, pharmaceuticals, electronics and industrial packaging units are based on the US export markets for their survival. The tariff, Bhor said, will result in loss of jobs as well as closure of the industries. 'Most industries are going through a rough patch with this tariff; it can really be a body blow to the industries,' he said. Bhor requested Chief Minister Devendra Fadnavis to immediately interfere to ensure this crisis is resolved. 'The sector requires handholding and the chief minister must take urgent steps to help the sector,' he said.
&w=3840&q=100)
Business Standard
10 minutes ago
- Business Standard
Nippon India mutual fund opens Leh branch to boost border inclusion
In a bid to deepen financial inclusion, Nippon Life India Asset Management Ltd has opened a branch in Leh and is looking to expand its presence in border areas, its CEO Sundeep Sikka said. With this, Nippon Life India Asset Management (NAM India) -- promoted by Japan's Nippon Life Insurance Company -- becomes the only asset management company in the country to establish a physical presence in such a high-altitude region. This marks NAM India's 167th branch and its presence in 266 pin codes across the country. Explaining the reason for opening the branch, Sikka said Ladakh, a Union Territory known for its breathtaking landscapes, has seen a surge in tourism and economic activity in recent years. However, the region's financial landscape remains relatively underdeveloped, with limited access to a diverse range of investment products. The average assets under management (AAUM) in Jammu & Kashmir and Ladakh stood at Rs 10,844 crore as of June 2025, accounting for less than 0.14 per cent of India's total mutual fund assets. In contrast, India's overall mutual fund AAUM reached a staggering Rs 74.80 lakh crore during the same period. "With a presence in Leh, Ladakh, Nippon India Mutual Fund aims to bridge the financial literacy gap, develop a healthy mutual fund ecosystem and offer local residents the opportunity to participate in the Indian capital markets," Sikka said. The company plans to open more branches in India's border regions that often face limited access to formal financial services, the chief executive said. However, he did not specify a timeline for the rollout of additional branches. At present, Nippon India Mutual Fund is present in all districts and 97 per cent of PIN codes across India. When asked about the challenges of operating in such regions, Sikka pointed out that while many residents have a decent income, there is a clear lack of awareness about formal investment avenues. "People here are earning well, but often end up putting their money into unregulated or informal products due to limited financial literacy," he said. Highlighting the need for investor education as a top priority, he said the company's first objective is to build trust and understanding around mutual funds. "We are also exploring the launch of simple, easy-to-understand products tailored to the needs of first-time investors in these areas," he noted. About the company's future expansion strategy, Sikka said Nippon India Mutual Fund is focused on strengthening its digital infrastructure, noting that nearly 70 per cent of new investors are now coming through online channels. At the same time, the company remains committed to expanding its physical presence, recognising that on-ground branches play a key role in building trust. Additionally, he revealed plans to launch a Specialised Investment Fund (SIF) aimed at offering more targeted investment solutions.
