Route Mobile surges on entering into strategic partnership with Truecaller
Route Mobile is currently trading at Rs. 530.00, up by 11.70 points or 2.26% from its previous closing of Rs. 518.30 on the BSE.
The scrip opened at Rs. 519.00 and has touched a high and low of Rs. 553.00 and Rs. 519.00 respectively. So far 13560 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1034.25 on 01-Jul-2025 and a 52 week low of Rs. 414.10 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 553.00 and Rs. 516.30 respectively. The current market cap of the company is Rs. 3,339.16 crore.
The promoters holding in the company stood at 74.85%, while Institutions and Non-Institutions held 6.51% and 18.64% respectively.
Route Mobile has entered into a strategic partnership with Truecaller, the leading global communications platform, to expand the reach of its Business Messaging platform. The collaboration aims to help enterprises connect more effectively with their customers through interactive and trusted messaging.
As part of the partnership, the company will enable access to Truecaller Business Messaging, empowering enterprises to deliver secure, reliable and trusted communication at scale. Communication is at the core of every business, and this collaboration aims to make customer interactions more seamless, secure, and effective.
The partnership aims to enhance user engagement by enabling businesses to reach more than 500 million monthly active users globally on Truecaller with contextual, immersive, rich-media messages that seamlessly integrate images, documents, and videos. The platform offers both one-way and two-way communication capabilities, with a broad range of functionalities, including verified business messaging, hyperlinks for actionability, smart-priority sticky notifications, and read receipts. These capabilities are designed to help businesses improve customer interactions and engagement.
