Route Mobile is currently trading at Rs. 1484.20, up by 16.85 points or 1.15% from its previous closing of Rs. 1467.35 on the BSE.
The scrip opened at Rs. 1474.15 and has touched a high and low of Rs. 1487.35 and Rs. 1464.65 respectively. So far 1791 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2388.10 on 12-Oct-2021 and a 52 week low of Rs. 1052.60 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1529.60 and Rs. 1450.00 respectively. The current market cap of the company is Rs. 9177.48 crore.
The promoters holding in the company stood at 59.82%, while Institutions and Non-Institutions held 26.97% and 13.21% respectively.
Route Mobile’s wholly-owned subsidiary---Masivian S.A.S. has incorporated a subsidiary namely 'Masiv Chile SpA, in Chile. The objects of the Masiv Chile SpA shall be to carry on business of interalia, software and communication solution including a CPaaS solutions to enterprises. This new entity formation would further strengthen company’s organic growth strategy in the South America.
Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO).
