Onmobile Global is currently trading at Rs. 34.40, up by 2.30 points or 7.17 % from its previous closing of Rs. 32.10 on the BSE.
The scrip opened at Rs. 33.15 and has touched a high and low of Rs. 34.75 and Rs. 33.15 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 67.90 on 24-Oct-2017 and a 52 week low of Rs. 32.00 on 11-Oct-2018.
Last one week high and low of the scrip stood at Rs. 34.95 and Rs. 32.00 respectively. The current market cap of the company is Rs. 339.28 crore.
The promoters holding in the company stood at 48.18%, while Institutions and Non-Institutions held 3.28% and 48.54% respectively.
OnMobile Global has signed a definitive agreement to acquire Appland AB, one of the world's most popular games and kids App Clubs subscription services. This acquisition reflects the increasing importance of OnMobile's strategy to become a leader in the fast-growing mobile games market and expands its games footprint to all continents.
Appland AB is a pioneer in cloud-based mobile distribution and Monetization Company. Appland provides premium games and kids apps as a white-labeled subscription service to more than 80 carriers in over 40 countries.
OnMobile, headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 575 million music plays daily to mobile customers worldwide.
