Infibeam shares plunge 73% a day before shareholder meeting
Shares of e-commerce technology company Infibeam tumbled as much as 73% on Friday ahead of its Annual General Meeting (AGM) on Saturday. The stock failed to recover even after the company clarified that all material information had been disclosed within the stipulated time. The Ahmedabad-based company provides software development services, web development, e-commerce and other ancillary services.