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28-02-2024 03:12 PM | Source: Accord Fintech
Route Mobile rises on inking pact with Billeasy E Solutions

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Route Mobile is currently trading at Rs. 1600.50, up by 4.85 points or 0.30% from its previous closing of Rs. 1595.65 on the BSE.

The scrip opened at Rs. 1600.10 and has touched a high and low of Rs. 1602.45 and Rs. 1595.80 respectively. So far 2798 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1759.50 on 17-Jul-2023 and a 52 week low of Rs. 1209.05 on 12-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1615.45 and Rs. 1573.55 respectively. The current market cap of the company is Rs. 10030.78 crore.

The promoters holding in the company stood at 58.15%, while Institutions and Non-Institutions held 27.58% and 14.27% respectively.

Route Mobile has partnered with Billeasy E Solutions, a Mumbai based integration partner, to introduce a first of its kind ticket purchase experience through Rich Communication Services (RCS) Business Messaging for Maha Metro Pune. This innovative solution aims to simplify and enhance the process of purchasing metro tickets, offering commuters a seamless and efficient journey.

Through this strategic partnership, users will have the convenience of purchasing Maha Metro Pune e-tickets directly via RCS Messages on android phones. To use this service, users will need to scan QR code and chat with the official RCS account of Maha Metro Pune, follow the simple instructions like selecting ‘from’ and ‘to’ stations, number of tickets and make the payment via their preferred payment method (UPI, Net banking, Credit or debit cards). Upon successful completion, the user will receive the tickets as an RCS message in the form of a QR Code, which they can present at the time of entering the station and complete their journey. This whole experience is native, without the need of downloading any new app and works within the Messages app. 

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