Multibegger Stock of 2021- Infibeam Avenue

 Infibeam Avenue is an Indian multinational Financial Technology Company that offers integrated & scalable digital platforms consisting of Digital Payment Solution under the brand name CCAvenue and Enterprise Software solutions under the brand name BuildaBazaar. Infibeam Avenue is the only listed home-grown, bootstrapped, and profitable Fintech conglomerate having a comprehensive Fintech portfolio.


Our diversified Fintech solution stacked under one roof aims to simplify business operations and transaction processing for merchants, enterprises, governments and banks. With over two decades legacy in digital payment and enterprise software solution, today we are among very few leading Fintech companies in India having a strong presence in the international market which includes Kingdom of Saudi Arabia, United Arab Emirates and the United States.


Fintech Technology enables businesses to execute digital transactions in a safe and secure manner.


Company News 


I  am saying infibeam Avenue as the multibagger stock on the basis of following news and the key points which are very good for the growth of the of the company.


 • Company is achieve the the award of best digital payment processor of India in digital summit in 2020 by IAMAI.

 • Best online payment facilitator in India

 • infibeam enters neobanking (unique digital banking solution that enables SMEs to manage business finance and increase operational efficiencies. A spend management platform for approvals corporate credit cards, invoice payments, accounting automation with real time reporting.  )with the launch of GRIT

 • Infibeam enters into an agreement with Reliance Jio for its enterprise solutions.


Key Points 






 • The market cap for the company is 6480 Cr and the current price is 48.10.

 • Company dividend yield is 0.10 % which is good because the promoter wants to give something to to their investors it shows the promoters good intentions to their investors.

 • Company's ROE and ROCE is seems low but it is in positive which is good sign.

 • Promoter holding is low as 31.1 percent but the promoter have no pledge their shares which is also a good sign.

 • Company have good sales growth of 23.5% from last 3 years and also have good  profit growth 54.6 percent from last 3 years.

 • company is almost debt free.

 • Foreign investor also so interested in this company as they have make 7.0 5% holding in it.

 • 




 • As you see in the above image, sales are increasing year on year basis and the net profit is also increasing year on year basis.


Disclaimer

This is my personal opinion for that company please do your own research before making any positions in the company

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