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- AFFLE
AFFLE
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- 5D
- 1M
- 6M
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- 1Y
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Recent events
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News
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Corporate Actions
India's Affle jumps after patent win
** Shares of Affle (India) AFFL.NS rise as much as 7.6% to 1,627.95 rupees
** IT firm gets India patent for system that provides smooth switching between multiple AI systems/services
** Stock on track to gain for 2nd straight day
** Trading vol of 481,000 shares is nearly 7x the 30-day avg
** Analysts avg rating is 'buy'; median PT is 1,800 rupees - LSEG data
** AFFL last up 6.8%, cutting YTD losses to ~15%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Affle (India) AFFL.NS rise as much as 7.6% to 1,627.95 rupees
** IT firm gets India patent for system that provides smooth switching between multiple AI systems/services
** Stock on track to gain for 2nd straight day
** Trading vol of 481,000 shares is nearly 7x the 30-day avg
** Analysts avg rating is 'buy'; median PT is 1,800 rupees - LSEG data
** AFFL last up 6.8%, cutting YTD losses to ~15%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Affle (India) Says Got Patent For System For Switching Between Conversational Agents
Feb 4 (Reuters) - Affle (India) Ltd AFFL.NS:
AFFLE (INDIA) - GOT PATENT FOR SYSTEM FOR SWITCHING BETWEEN CONVERSATIONAL AGENTS
Source text: [ID:]
Further company coverage: AFFL.NS
(([email protected];))
Feb 4 (Reuters) - Affle (India) Ltd AFFL.NS:
AFFLE (INDIA) - GOT PATENT FOR SYSTEM FOR SWITCHING BETWEEN CONVERSATIONAL AGENTS
Source text: [ID:]
Further company coverage: AFFL.NS
(([email protected];))
Affle Says Granted New Patent In India
Jan 30 (Reuters) - Affle (India) Ltd AFFL.NS:
GRANTED NEW PATENT IN INDIA
PATENT COVERS SYSTEM FOR UTILIZING ADVERTISEMENT FRAUD DATA
Source text: ID:nBSE42B11b
Further company coverage: AFFL.NS
(([email protected];;))
Jan 30 (Reuters) - Affle (India) Ltd AFFL.NS:
GRANTED NEW PATENT IN INDIA
PATENT COVERS SYSTEM FOR UTILIZING ADVERTISEMENT FRAUD DATA
Source text: ID:nBSE42B11b
Further company coverage: AFFL.NS
(([email protected];;))
Affle India rises; Citi initiates coverage with 'buy' and street high PT
** Shares of Affle AFFL.NS rise as much as 7.1% to 1,465 rupees, highest since Jan 18, 2022
** Technology co well positioned to benefit from recovery in mobile advertisement budgets, said analysts at Citi Research in a note
** Expects earnings before interest and tax margins to expand by 130bps in FY25, driven by integration of YouAppi, its mobile app; operating leverage to see growth recovery
** Citi Research initiates coverage on co with "Buy" rating; sets street high PT of 1,600 rupees
** More than 790,000 shares change hands, 1x its 30-day avg
** Nine analysts covering the stock on avg have a "Buy" rating; median PT is 1,410 rupees - LSEG data
** Stock up 10% so far this year
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Affle AFFL.NS rise as much as 7.1% to 1,465 rupees, highest since Jan 18, 2022
** Technology co well positioned to benefit from recovery in mobile advertisement budgets, said analysts at Citi Research in a note
** Expects earnings before interest and tax margins to expand by 130bps in FY25, driven by integration of YouAppi, its mobile app; operating leverage to see growth recovery
** Citi Research initiates coverage on co with "Buy" rating; sets street high PT of 1,600 rupees
** More than 790,000 shares change hands, 1x its 30-day avg
** Nine analysts covering the stock on avg have a "Buy" rating; median PT is 1,410 rupees - LSEG data
** Stock up 10% so far this year
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Affle (India) gains on bigger Q4 profit
** Shares of Affle (India) AFFL.NS up 3.6%, easing from a jump of as much as 6.2% earlier
** Technology firm's Q4 consol net profit rose 40%, rev jumped 42%
** Trading vols nearly 10x 30-day avg
** YTD stock has shed 2.4%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of Affle (India) AFFL.NS up 3.6%, easing from a jump of as much as 6.2% earlier
** Technology firm's Q4 consol net profit rose 40%, rev jumped 42%
** Trading vols nearly 10x 30-day avg
** YTD stock has shed 2.4%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Affle (India) Granted Patent In Usa
May 2 (Reuters) - Affle (India) Ltd AFFL.NS:
CO GRANTED PATENT IN USA
Source text for Eikon: [ID:]
Further company coverage: AFFL.NS
(([email protected];))
May 2 (Reuters) - Affle (India) Ltd AFFL.NS:
CO GRANTED PATENT IN USA
Source text for Eikon: [ID:]
Further company coverage: AFFL.NS
(([email protected];))
Affle (India) Approves To Enter Into A Non-Binding Memorandum Of Understanding
Dec 27 (Reuters) - Affle (India) Ltd AFFL.NS:
AFFLE (INDIA) LTD - APPROVED TO ENTER INTO A NON-BINDING MEMORANDUM OF UNDERSTANDING
AFFLE (INDIA) LTD - MOU TO INVEST ABOUT 373 MILLION RUPEES AS CASH CONSIDERATION BY CO FOR MINORITY OWNERSHIP IN EXPLURGER
Source text for Eikon: ID:nNSE8Gfs1G
Further company coverage: AFFL.NS
(([email protected];;))
Dec 27 (Reuters) - Affle (India) Ltd AFFL.NS:
AFFLE (INDIA) LTD - APPROVED TO ENTER INTO A NON-BINDING MEMORANDUM OF UNDERSTANDING
AFFLE (INDIA) LTD - MOU TO INVEST ABOUT 373 MILLION RUPEES AS CASH CONSIDERATION BY CO FOR MINORITY OWNERSHIP IN EXPLURGER
Source text for Eikon: ID:nNSE8Gfs1G
Further company coverage: AFFL.NS
(([email protected];;))
Affle (India) Has Additionally Filed 10 New Patents In India
Nov 23 (Reuters) - Affle (India) Ltd AFFL.NS:
CO HAS ADDITIONALLY FILED 10 NEW PATENTS IN INDIA
Further company coverage: AFFL.NS
(([email protected];))
Nov 23 (Reuters) - Affle (India) Ltd AFFL.NS:
CO HAS ADDITIONALLY FILED 10 NEW PATENTS IN INDIA
Further company coverage: AFFL.NS
(([email protected];))
Affle India up on filing 5 new patents
** Shares of Affle (India) AFFL.NS climb 3.1% to 1,057 rupees
** Technology co says it filed five new patents in India to further expand its tech IP assets
** More than 180,600 shares change hands by 12:25 p.m. IST, 1.2x its 30-day avg
** Avg rating of 10 analysts is "buy"; median PT is 1,147.5 rupees - LSEG data
** Stock currently up 2.7% trimming YTD losses to 2.3%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Affle (India) AFFL.NS climb 3.1% to 1,057 rupees
** Technology co says it filed five new patents in India to further expand its tech IP assets
** More than 180,600 shares change hands by 12:25 p.m. IST, 1.2x its 30-day avg
** Avg rating of 10 analysts is "buy"; median PT is 1,147.5 rupees - LSEG data
** Stock currently up 2.7% trimming YTD losses to 2.3%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Affle (India) rises on Q2 profit climb
** Shares of Affle (India) AFFL.NS up as much as 2.1% to 1,084.95 rupees
** Technology firm posted a ~14% YoY rise in Sept-qtr consol net profit; rev from ops rises ~22% YoY
** Growth in rev driven by existing and new customers across India and global emerging markets - co
** Seven of the 10 analysts rate the stock "buy" or "strong buy", two rate it "hold", while one rates it "strong sell"; median PT is 1,260 rupees - LSEG data
** As of last close, stock down ~2% YTD
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Affle (India) AFFL.NS up as much as 2.1% to 1,084.95 rupees
** Technology firm posted a ~14% YoY rise in Sept-qtr consol net profit; rev from ops rises ~22% YoY
** Growth in rev driven by existing and new customers across India and global emerging markets - co
** Seven of the 10 analysts rate the stock "buy" or "strong buy", two rate it "hold", while one rates it "strong sell"; median PT is 1,260 rupees - LSEG data
** As of last close, stock down ~2% YTD
(Reporting by Kashish Tandon in Bengaluru)
Affle (India)- Approved Issuance Of Shares Worth Up to 7.49 Billion Rupees
Oct 26 (Reuters) - Affle (India) Ltd AFFL.NS:
APPROVED ISSUANCE OF 6.9 MILLION EQUITY SHARES OF FACE VALUE 2 RUPEES EACH
APPROVED ISSUANCE OF FULLY PAID UP SHARES OF CO WORTH UP TO 7.49 BLN RUPEES
Further company coverage: AFFL.NS
(([email protected];))
Oct 26 (Reuters) - Affle (India) Ltd AFFL.NS:
APPROVED ISSUANCE OF 6.9 MILLION EQUITY SHARES OF FACE VALUE 2 RUPEES EACH
APPROVED ISSUANCE OF FULLY PAID UP SHARES OF CO WORTH UP TO 7.49 BLN RUPEES
Further company coverage: AFFL.NS
(([email protected];))
Affle (India) Says Operations Has Continued Without Any Disruption In Israel
Oct 13 (Reuters) - Affle (India) Ltd AFFL.NS:
CO'S OPERATIONS HAS CONTINUED WITHOUT ANY DISRUPTION IN ISRAEL
WILL CONTINUE TO ASSESS SITUATION TO ENSURE BUSINESS CONTINUITY, ENTERPRISE-WIDE RISK MANAGEMENT
OUR TEAMS IN ISRAEL WILL CONTINUE COLLABORATING IN A DEFAULT WORK FROM HOME MODE
Source text for Eikon: ID:nNSE2k9qbR
Further company coverage: AFFL.NS
(([email protected];))
Oct 13 (Reuters) - Affle (India) Ltd AFFL.NS:
CO'S OPERATIONS HAS CONTINUED WITHOUT ANY DISRUPTION IN ISRAEL
WILL CONTINUE TO ASSESS SITUATION TO ENSURE BUSINESS CONTINUITY, ENTERPRISE-WIDE RISK MANAGEMENT
OUR TEAMS IN ISRAEL WILL CONTINUE COLLABORATING IN A DEFAULT WORK FROM HOME MODE
Source text for Eikon: ID:nNSE2k9qbR
Further company coverage: AFFL.NS
(([email protected];))
Affle (India) Says Unit Entered Into A Definitive Share Purchase Agreement To Acquire 100% Stake In Youappi Inc
May 24 (Reuters) - Affle (India) Ltd AFFL.NS:
UNIT AFFLE INTERNATIONAL ENTERED INTO A DEFINITIVE SHARE PURCHASE AGREEMENT TO ACQUIRE 100% STAKE IN YOUAPPI INC
COST OF ACQUISITION $35.44 MILLION
Source text for Eikon: ID:nBSE8jbgZ9
Further company coverage: AFFL.NS
(([email protected];))
May 24 (Reuters) - Affle (India) Ltd AFFL.NS:
UNIT AFFLE INTERNATIONAL ENTERED INTO A DEFINITIVE SHARE PURCHASE AGREEMENT TO ACQUIRE 100% STAKE IN YOUAPPI INC
COST OF ACQUISITION $35.44 MILLION
Source text for Eikon: ID:nBSE8jbgZ9
Further company coverage: AFFL.NS
(([email protected];))
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Popular questions
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What does Affle 3i do?
Affle (India) Limited is a global technology business with two segments - Consumer Platform for mobile advertising and online to offline services, and Enterprise Platform for enhancing engagement with mobile users.
Who are the competitors of Affle 3i?
Affle 3i major competitors are Vertoz, Maagh Adv. & Mkt., Next Mediaworks, Sun TV Network, Zee Entertainment, Saregama India, Tips Music. Market Cap of Affle 3i is ₹21,982 Crs. While the median market cap of its peers are ₹8,462 Crs.
Is Affle 3i financially stable compared to its competitors?
Affle 3i seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Affle 3i pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Affle 3i latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Affle 3i allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Affle 3i balance sheet?
Balance sheet of Affle 3i is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Affle 3i improving?
Yes, profit is increasing. The profit of Affle 3i is ₹366 Crs for TTM, ₹297 Crs for Mar 2024 and ₹245 Crs for Mar 2023.
Is the debt of Affle 3i increasing or decreasing?
Yes, The debt of Affle 3i is increasing. Latest debt of Affle 3i is -₹1,083.78 Crs as of Sep-24. This is greater than Mar-24 when it was -₹2,260.16 Crs.
Is Affle 3i stock expensive?
Affle 3i is not expensive. Latest PE of Affle 3i is 60.01, while 3 year average PE is 74.42. Also latest EV/EBITDA of Affle 3i is 46.73 while 3yr average is 64.07.
Has the share price of Affle 3i grown faster than its competition?
Affle 3i has given better returns compared to its competitors. Affle 3i has grown at ~31.01% over the last 2yrs while peers have grown at a median rate of 26.07%
Is the promoter bullish about Affle 3i?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Affle 3i is 55.02% and last quarter promoter holding is 55.03%
Are mutual funds buying/selling Affle 3i?
The mutual fund holding of Affle 3i is increasing. The current mutual fund holding in Affle 3i is 12.81% while previous quarter holding is 12.12%.