Infibeam Avenues Ltd: A Promising Small-Cap Stock with Over 20% Upside Potential

Infibeam Avenues Ltd, a small-cap digital payments and e-commerce infrastructure company, is making headlines again—this time with a strong technical setup and increasing investor interest. Trading below ₹20, the stock has caught the attention of analysts, including a recent buy recommendation from Anand Rathi, who projects over 20% upside in the short term.

Technical Indicators Show Bullish Momentum

Multiple technical indicators support the bullish view:

• Breakout from Falling Trendline: A breakout above a long-term falling trendline on the daily chart indicates the end of the downtrend.

• Inverse Head and Shoulder Formation: A bullish reversal pattern suggesting strong potential for upward movement.

• Bullish AB=CD Harmonic Pattern: Reversal signals in the ₹17–18 range create a key support zone and logical stop-loss region.

• RSI Positive Divergence: The weekly Relative Strength Index shows bullish divergence, indicating increasing momentum.

Suggested Trading Strategy

• Buy Zone: ₹19–19.5

• Target Price: ₹23.75 (over 20% upside)

• Stop-Loss: Daily close below ₹17

This trading setup presents a low-risk, high-reward opportunity for short-term traders and investors.

Strategic Fundraising for Future Growth

Infibeam Avenues has proposed raising up to ₹700 crore through a rights issue. The capital will be used to strengthen the company’s financials and fuel upcoming growth initiatives. The specifics of the issue, such as price and ratio, are yet to be announced, pending regulatory approvals.

Stock Performance Overview

• May: +14% gain

• April: +3%

• YTD Performance: Mixed, with early-year declines of 12.7% (Jan), 20% (Feb), and 9% (Mar), followed by a strong rebound in Q2.

Despite a near 42% drop in the last 12 months, the stock appears to be recovering, supported by technical strength and renewed market sentiment.

Conclusion

With positive technical signals, a clear trading strategy, and backing from a reputed brokerage like Anand Rathi, Infibeam Avenues Ltd stands out as an attractive opportunity in the small-cap tech segment. Investors looking for short-term gains may find value, but should exercise caution and perform due diligence before.

 

Source: Taken from multiple websites

Disclaimer
The information provided in this media release is based on current facts and circumstances as of the date of publication. It may contain forward-looking statements, including but not limited to projections, expectations, or assumptions about future events or performance. These forward-looking statements are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Hester Biosciences Ltd does not undertake any obligation to update, revise, or correct any forward-looking statements based on new information or future events. This release is intended for informational purposes only and does not constitute financial, investment, or professional advice.