Bengaluru, March 17 -- This Smallcap company, which is into the business of software development services, maintenance, payment gateway services, web development, e-commerce, and other ancillary services, surged 3 percent in early trade after signing MoU with IISc to develop Deepfake Detection for Government.

Price Movement

Infibeam Avenues Limited's stock on Monday's session touched a day's high of Rs. 18.54, which is 3.34 percent. The stock reiterated from the day's high and was trading at Rs. 17.64, which is 1.67 percent lower than the previous closing price of Rs. 17.94.

The stock has delivered a negative return of around 52.35 percent in the past year and has underperformed the Nifty Index in the same period.

What Happened

The c...