Shares of Nihar Info Global inched up on Wednesday after it successfully completed three years of Amazon Seller Flex Operations. This is a milestone achievement for the Company and the Company has processed more than 20,000 orders with PRIME Tag through its Amazon Seller Flex Certified Warehouse.
Seller Flex is a program which is intended to share Amazon's best practices in warehousing, inventory management, and shipping with the sellers. This way, sellers have greater flexibility and growth in their expertise. It is mainly for the sellers who availed FBA (Fulfillment by Amazon, an amazon warehouse) option. This program helps sellers to minimize the cost of transporting their goods to Amazon warehouse and taking back non-moving products from warehouse.
Nihar Info Global also sells on other leading marketplaces like Flipkart.com, Paytmmall.com and Snapdeal.com and also has its own Flipkart Smart Fulfillment Center.
Shares of Nihar Info Global are trading at Rs 7.90, up Rs 0.20, or 2.60% at the Bombay Stock Exchange (BSE) on Wednesday at 3:06 p.m. The scrip has touched an intra-day high of Rs 8.08 and low of Rs 7.32. The total volume of shares traded at the BSE is 11,450.
Currently, the stock is trading down 18.43% from its 52-week high of Rs 9.44 and above 175.99% over the 52-week low of Rs 2.79.