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Route Mobile soars on inking pact with Emirates Integrated Telecommunications Company

Route Mobile Ltd. | IT - Software | IT & ITES | BSE: 543228 | NSE: ROUTE

02 Jun 2021 Evaluate

Route Mobile is currently trading at Rs. 1745.20, up by 71.60 points or 4.28% from its previous closing of Rs. 1673.60 on the BSE.

The scrip opened at Rs. 1691.00 and has touched a high and low of Rs. 1762.00 and Rs. 1691.00 respectively. So far 44618 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1979.00 on 17-Feb-2021 and a 52 week low of Rs. 625.00 on 21-Sep-2020.

Last one week high and low of the scrip stood at Rs. 1795.75 and Rs. 1653.45 respectively. The current market cap of the company is Rs. 9658.95 crore.

The promoters holding in the company stood at 65.35%, while Institutions and Non-Institutions held 21.71% and 12.94% respectively.

Route Mobile has entered into agreement with Emirates Integrated Telecommunications Company (EITC) - du, UAE’s second Integrated Telecom Service Provider, by offering a turnkey solution using Route Mobile’s Smart Messaging Hub which enables du to launch a highly scalable revenue-generating messaging platform to enable A2P wholesale transit business. Route Hub is a carrier-grade in-house developed and fully scalable SMS Hubbing Platform offering managed services to mobile operators globally.

Route Mobile’s CPaaS-enabled Hubbing Solution, with its AI capabilities, offers intelligent routing, great analytics, plug-n-play APIs, improved delivery rates and better latency. Route Mobile will additionally oversee the infrastructure, technology, gateway connectivity, and day-to-day operations of the platform for du as a managed service. du will also be able to leverage Route Mobile’s on-ground support services with over 17 years of core expertise in the GCC region. With Route Hub, du can now handle an increased capacity of SMS terminations making it a scalable solution. This association with Route Mobile will also enable du to leverage Route Mobile’s Firewall Solutions and position them with other operators to plug revenue leakages.

Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO).

Route Mobile Share Price

513.50 6.60 (1.30%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
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Route Mobile soars on inking pact with Emirates Integrated Telecommunications Company

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