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Affle surges on signing definitive agreement to acquire strategic stake in Indus OS

Affle 3i Ltd. | BPO/ITeS | IT & ITES | BSE: 542752 | NSE: AFFLE

03 Jul 2020 Evaluate

Affle (India) is currently trading at Rs. 1514.10, up by 62.75 points or 4.32% from its previous closing of Rs. 1451.35 on the BSE.

The scrip opened at Rs. 1480.00 and has touched a high and low of Rs. 1523.90 and Rs. 1480.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2296.00 on 19-Feb-2020 and a 52 week low of Rs. 751.05 on 08-Aug-2019.

Last one week high and low of the scrip stood at Rs. 1501.10 and Rs. 1438.60 respectively. The current market cap of the company is Rs. 3700.42 crore.

The promoters holding in the company stood at 68.38%, while Institutions and Non-Institutions held 18.94 % and 12.69% respectively.

Affle (India) through its subsidiaries (Affle) has signed a definitive agreement to acquire 8.0% ownership in OSLabs, Singapore (Indus OS). Indus OS operates India’s largest independent indigenous apps store, with key investment from Samsung Venture Investment Corporation.

A homegrown app and content discovery platform Indus OS’ key offering ‘Indus App Bazaar’ has over 400,000 apps accessible in English and 12 Indian languages including Hindi, Gujarati, Marathi, Tamil, Telugu, Urdu, Odia, Punjabi, Malayalam, Bengali, Assamese and Kannada. It is a default apps store for all Samsung devices in India powering the Samsung’s Galaxy store, and partners with many of the Indian OEMs as well. Indus OS platform is designed to help users discover digital content and services in the language of their choice.

Affle is a leading global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant mobile advertising.

Affle 3i Share Price

1468.10 22.40 (1.55%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
eClerx Services	1631.05
Info Edge	1054.50
Firstsource Solution	239.25
Affle 3i	1468.10
Hinduja Global Soln.	426.90
View more..

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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Affle surges on signing definitive agreement to acquire strategic stake in Indus OS

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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