Affle trades in green on planning to raise funds
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Affle is currently trading at Rs. 5211.60, up by 16.25 points or 0.31% from its previous closing of Rs. 5195.35 on the BSE.
The scrip opened at Rs. 5123.65 and has touched a high and low of Rs. 5250.00 and Rs. 5060.00 respectively. So far 646 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5616.70 on 15-Feb-2021 and a 52 week low of Rs. 908.95 on 30-Mar-2020.
Last one week high and low of the scrip stood at Rs. 5551.25 and Rs. 5060.00 respectively. The current market cap of the company is Rs. 13239.88 crore.
The promoters holding in the company stood at 63.80%, while Institutions and Non-Institutions held 23.34% and 12.86% respectively.
Affle (India) is planning to raise funds by way of further issue of securities (including convertible or non-convertible) through preferential issue and/or Qualified Institutions Placement (QIP) or any equivalent capital raising method permitted by applicable laws or any combination thereof and subject to approval of the shareholders.The meeting of the Board of Directors of the company is scheduled on February 27, 2021 to consider and approve the same.
Affle (India) is a leading global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant mobile advertising.
