Affle 3i Ltd.

Affle (India) is currently trading at Rs. 1539.80, up by 58.30 points or 3.94% from its previous closing of Rs. 1481.50 on the BSE.

The scrip opened at Rs. 1532.00 and has touched a high and low of Rs. 1555.55 and Rs. 1524.65 respectively. So far 7204 shares were traded on the counter.

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. 1591.40 and Rs. 1468.05 respectively. The current market cap of the company is Rs. 3777.29 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 definitive agreements to acquire full control of Appnext, Singapore and 100% IP of Appnext app discovery and recommendation platform with immediate effect. Affle will initially acquire 66.67% equity ownership in Appnext Singapore, with a clear path to acquire 100% equity ownership upon attainment of mutually agreed growth targets.

Appnext’s app discovery and recommendation platform enables top mobile handset manufacturers (OEMs) and apps developers to deliver personalized app recommendations to mobile users globally. Appnext blends app recommendations as a service that integrates seamlessly with the users’ daily mobile journey.

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