News for Affle (India) Limited (AFFLE.NS)

Indian markets closed slightly lower as gains in financial and oil & gas stocks were offset by consumer sector declines. Investors remained cautious ahead of the RBI policy meeting, with expectations of a rate cut driving interest in rate-sensitive sectors.

Affle India is a leading player in the mobile marketing and consumer intelligence space, offering end-to-end solutions to drive customer engagement, conversions, and ROI for businesses. The company…

Nov 11, 2024 / 04:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Affle India Limited Q2 and H1 FY25 earnings conference call hosted by Ambi

Indian benchmark indices recorded their worst session in over a month, pressured by uncertainty surrounding the US presidential election. The Nifty declined 1.27% to 23,995, and the Sensex dropped 1.18% to 78,782. Analysts suggest that the Nifty might extend its correction towards 23,650, while a decisive move above 24,100 could trigger a rally.

Aug 05, 2024 / 04:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Affle India Limited Q1 FY25 Earnings Conference Call hosted by Anand Rathi

Indian markets experienced slight declines on Monday amid allegations against SEBI chief, Madhabi Puri Buch. The Sensex fell by 57 points and Nifty by 20.5 points. Analysts indicated a weak momentum, highlighting key support and resistance levels to watch. Stocks like Divi's Labs and Equitas Small Finance Bank showed bearish trends, while others exhibited strong buying interest.

Domestic blue-chip equity indices Sensex and Nifty closed over 1% higher on Friday, led by IT stocks, as a larger-than-expected drop in U.S. unemployment claims eased recession fears in the world's largest economy.

The 30-share BSE Sensex pack rallied 1,171 points or 1.46 per cent to trade at 81,211, while the broader NSE Nifty index moved 374 points or 1.53 per cent to trade at 24,780.

RBI approves Mirae Asset Mutual Fund to acquire Utkarsh Small Finance Bank shares; Aditya Birla Fashion raises stake in GFPL.

Promoter Affle Holdings PTE divests 25 lakh shares of Affle (India) Ltd in a significant transaction on NSE, generating 322.5 crore. The sale, executed at 1,290 per share, reduces Affle Holdings' stake to 42.59%. The Monetary Authority of Singapore emerges as the buyer amidst Affle (India)'s 5.73% stock surge, closing at 1,364.

According to experts, financial and consumption stocks are currently gaining momentum due to enhanced balance sheets, robust GDP growth projections, and easing inflation. He noted that global market trends are reflecting similar patterns, with a general agreement on the likelihood of upcoming rate cuts.

Stocks to watch: Check out the companies making headlines before the opening bell today, on February 2, 2024.

A short build-up was seen in 79 stocks including Indus Towers, India Cements, ABB India, Larsen & Toubro, and Deepak Nitrite.

Based on the OI percentage, 81 stocks were on the short-covering list. These include Indraprastha Gas, Britannia Industries, Dr Lal PathLabs, Mahanagar Gas, and Maruti Suzuki India.

A short build-up was seen in 74 stocks, including Vedanta, RBL Bank, Godrej Properties, L&T Finance Holdings, and Berger Paints. An increase in OI along with a fall in price points to a build-up of short positions

The Nifty Auto index was trading 0.86 per cent up at 14030.6.

Based on the OI percentage, 60 stocks were on the short-covering list. These included Oracle Financial, GNFC, Syngene International, Aarti Industries, and Pidilite Industries.

Stocks to Watch: Check out the companies making headlines before the opening bell today.

Based on the OI percentage, a short build-up was seen in 58 stocks including Birlasoft, Adani Ports, ACC, Coromandel International, and HDFC Life Insurance Company.