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Route Mobile surges on signing exclusive partnership with Vodafone Idea Route Mobile is currently trading at Rs. 1541.45, up by 9.00 points or 0.59% from its previous closing of Rs. 1532.45 on the BSE. The scrip opened at Rs. 1532.50 and has touched a high and low of Rs. 1558.20 and Rs. 1521.20 respectively. So far 13264 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. 1131.00 on 23-Jan-2023. Last one week high and low of the scrip sto...
Route Mobile surges on signing exclusive partnership with Vodafone Idea
Route Mobile surges on signing exclusive partnership with Vodafone Idea
Source: Accord Fintech
18/08/2023 1:51:54 PM
Route Mobile inches up on launching Omnichannel Experience Automation Network Route Mobile is currently trading at Rs. 1519.05, up by 1.35 points or 0.09% from its previous closing of Rs. 1517.70 on the BSE. The scrip opened at Rs. 1519.05 and has touched a high and low of Rs. 1532.40 and Rs. 1517.70 respectively. So far 402 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. 1131.00 on 23-Jan-2023. Last one week high and low of the scrip stood...
Route Mobile inches up on launching Omnichannel Experience Automation Network
Route Mobile inches up on launching Omnichannel Experience Automation Network
Source: Accord Fintech
11/08/2023 10:29:32 AM
Belgium`s Proximus to buy 58% stake in India`s Route Mobile for $721 million (July 17) Belgium's Proximus Opal, which provides cloud-based telecom platforms for enterprises, said on Monday it would buy a near-58% stake in Route Mobile for about 59.22 billion rupees ($721 million), at par with its Indian peer's current market value. Proximus Opal, a unit of Belgian telecom service provider Proximus Group, has clients such as Salesforce and Bytedance, while Route Mobile's clients include Amazon and Indian telecom service provider Airtel. Proximus Opal will pay 1...
Belgium`s Proximus to buy 58% stake in India`s Route Mobile for $721 million (July 17)
Belgium`s Proximus to buy 58% stake in India`s Route Mobile for $721 million (July 17)
Source: Accord Fintech
19/07/2023 4:34:05 PM
Buy Route Mobile Ltd For Target Rs.1,900 - JM Financial Institutional Securities Ltd Route’s promoters (who together own 57.56% stake) have announced plans to sell their entire stake in the company to Proximus Opal SA (Proximus), a Belgium government-backed digital communications group. Proximus has business interests in CPaaS and digital identity (DI) space through a wholly owned entity ‘Telesign’. The deal effectively values Route’s entire equity at ~INR 103bn (or INR 1,626.4 per share), implying FY24/25 PER valuations of 26.5x/22.8x, respectively. P...
Buy Route Mobile Ltd For Target Rs.1,900 - JM Financial Institutional Securities Ltd
Buy Route Mobile Ltd For Target Rs.1,900 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
18/07/2023 3:13:10 PM
Belgium telecom provider Proximus to buy majority stake in India's Route Mobile Belgian telecom service provider Proximus Group on Monday said it will buy a 57.56% stake in Route Mobile for 59.22 billion rupees ($720.53 million). Proximus will pay 1,626.40 rupees per share of the Indian cloud communications platform provider, the former said in a statement, compared with Route Mobile's closing price of Rs 1,625.35 on Friday. Route Mobile's shares were down 1.7%, reversing course after the stock jumped 8.3% to 1,759.90 rupees after the announcement, its high...
Belgium telecom provider Proximus to buy majority stake in India's Route Mobile
Belgium telecom provider Proximus to buy majority stake in India's Route Mobile
Source: Reuters
17/07/2023 10:37:42 AM
Route Mobile shines on acquiring balance stake in Route Connect Route Mobile is currently trading at Rs. 1588.80, up by 33.75 points or 2.17% from its previous closing of Rs. 1555.05 on the BSE. The scrip opened at Rs. 1531.25 and has touched a high and low of Rs. 1594.35 and Rs. 1531.25 respectively. So far 4821 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1655.25 on 21-Jun-2023 and a 52 week low of Rs. 1131.00 on 23-Jan-2023. Last one week high and low of the scrip sto...
Route Mobile shines on acquiring balance stake in Route Connect
Route Mobile shines on acquiring balance stake in Route Connect
Source: Accord Fintech
26/06/2023 9:58:55 AM
Buy Route Mobile Ltd For Target Rs.1,500 - Emkay Global Financial Services Ltd Route Mobile reported a better-than-expected operating-performance in Q4, even in a seasonally-weak quarter. Revenue grew 2.3% QoQ/61.1% YoY, on growth in banking clients (recently on-boarded). While the number of billable transactions was slightly lower vs Q3, uptick in average realization led the growth in Q4. Gross margin for Q4 was impacted by seasonality in Masivian as well as by geopolitical issues in MR Messaging. Management indicated that telcos have taken ~25% price hikes for ILD mes...
Buy Route Mobile Ltd For Target Rs.1,500 - Emkay Global Financial Services Ltd
Buy Route Mobile Ltd For Target Rs.1,500 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
26/05/2023 12:03:07 PM
Route Mobile soars on reporting over 2-fold jump in Q4 consolidated net profit Route Mobile is currently trading at Rs. 1407.00, up by 22.90 points or 1.65% from its previous closing of Rs. 1384.10 on the BSE. The scrip opened at Rs. 1394.00 and has touched a high and low of Rs. 1442.00 and Rs. 1354.20 respectively. So far 94357 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1593.90 on 26-Aug-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip st...
Route Mobile soars on reporting over 2-fold jump in Q4 consolidated net profit
Route Mobile soars on reporting over 2-fold jump in Q4 consolidated net profit
Source: Accord Fintech
19/05/2023 3:45:59 PM
Route Mobile gains as its arm acquires 100% stake in Mobilelink Telecomunicaciones Route Mobile is currently trading at Rs. 1267.35, up by 2.00 points or 0.16% from its previous closing of Rs. 1265.35 on the BSE. The scrip opened at Rs. 1266.95 and has touched a high and low of Rs. 1273.45 and Rs. 1265.75 respectively. So far 587 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1657.80 on 05-May-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip stood...
Route Mobile gains as its arm acquires 100% stake in Mobilelink Telecomunicaciones
Route Mobile gains as its arm acquires 100% stake in Mobilelink Telecomunicaciones
Source: Accord Fintech
5/05/2023 10:23:36 AM
Route Mobile inches up on launching Route Guard Route Mobile is currently trading at Rs. 1257.05, up by 4.80 points or 0.38% from its previous closing of Rs. 1252.25 on the BSE. The scrip opened at Rs. 1253.05 and has touched a high and low of Rs. 1262.95 and Rs. 1253.05 respectively. So far 1055 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1727.25 on 04-May-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip stoo...
Route Mobile inches up on launching Route Guard
Route Mobile inches up on launching Route Guard
Source: Accord Fintech
25/04/2023 10:43:29 AM
Route Mobile rises on launching TruSense Route Mobile is currently trading at Rs. 1353.10, up by 15.55 points or 1.16% from its previous closing of Rs. 1337.55 on the BSE. The scrip opened at Rs. 1332.05 and has touched a high and low of Rs. 1367.95 and Rs. 1332.05 respectively. So far 3120 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1727.25 on 04-May-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip sto...
Route Mobile rises on launching TruSense
Route Mobile rises on launching TruSense
Source: Accord Fintech
28/02/2023 11:20:34 AM
Hold Route Mobile Ltd For Target Rs. 1,340 - Emkay Global Financial Muted volume growth; Mix change led realization growth and earnings beat Route Mobile reported better-than-expected operating performance in Q3. Revenue grew by 16.5% QoQ/75.2% YoY to Rs9.9bn (organic 34%) due to change in business mix driving realization, benefits accruing from firewall deal, uptick in ILD rates in India, and continued market share gains. Management is confident of achieving 70%+ revenue growth in FY23; but considering the seasonality, Q4 revenue is expected to be lower t...
Hold Route Mobile Ltd For Target Rs. 1,340 - Emkay Global Financial
Hold Route Mobile Ltd For Target Rs. 1,340 - Emkay Global Financial
Source: Emkay Global Financial Services
25/01/2023 12:00:38 PM
Route Mobile moves up on the bourses Route Mobile is currently trading at Rs. 1272.30, up by 43.20 points or 3.51% from its previous closing of Rs. 1229.10 on the BSE. The scrip opened at Rs. 1229.10 and has touched a high and low of Rs. 1287.20 and Rs. 1228.25 respectively. So far 30835 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1886.60 on 01-Feb-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip st...
Route Mobile moves up on the bourses
Route Mobile moves up on the bourses
Source: Accord Fintech
25/01/2023 11:21:07 AM
Route Mobile zooms on reporting 84% rise in Q3 consolidated net profit Route Mobile is currently trading at Rs. 1250.55, up by 108.45 points or 9.50% from its previous closing of Rs. 1142.10 on the BSE. The scrip opened at Rs. 1178.00 and has touched a high and low of Rs. 1295.10 and Rs. 1148.45 respectively. So far 277036 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1886.60 on 01-Feb-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip ...
Route Mobile zooms on reporting 84% rise in Q3 consolidated net profit
Route Mobile zooms on reporting 84% rise in Q3 consolidated net profit
Source: Accord Fintech
24/01/2023 12:31:44 PM
Route Mobile climbs on inking agreement with leading MNO in Sri Lanka Route Mobile is currently trading at Rs. 1225.45, up by 37.90 points or 3.19% from its previous closing of Rs. 1187.55 on the BSE. The scrip opened at Rs. 1205.80 and has touched a high and low of Rs. 1246.70 and Rs. 1205.80 respectively. So far 4007 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1935.00 on 12-Jan-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip sto...
Route Mobile climbs on inking agreement with leading MNO in Sri Lanka
Route Mobile climbs on inking agreement with leading MNO in Sri Lanka
Source: Accord Fintech
12/01/2023 10:07:46 AM
Route Mobile rises as its arm signs agreement with Uganda Telecommunications Corporation Route Mobile is currently trading at Rs. 1303.90, up by 13.45 points or 1.04% from its previous closing of Rs. 1290.45 on the BSE. The scrip opened at Rs. 1291.05 and has touched a high and low of Rs. 1312.15 and Rs. 1291.05 respectively. So far 278 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1935.00 on 12-Jan-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip stoo...
Route Mobile rises as its arm signs agreement with Uganda Telecommunications Corporation
Route Mobile rises as its arm signs agreement with Uganda Telecommunications Corporation
Source: Accord Fintech
13/12/2022 10:04:32 AM
Route Mobile surges as its arm incorporates subsidiary company Route Mobile is currently trading at Rs. 1358.55, up by 3.60 points or 0.27% from its previous closing of Rs. 1354.95 on the BSE. The scrip opened at Rs. 1360.85 and has touched a high and low of Rs. 1368.20 and Rs. 1352.30 respectively. So far 6670 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1935.00 on 12-Jan-2022 and a 52 week low of Rs. 1052.60 on 23-Jun-2022. Last one week high and low of the scrip stoo...
Route Mobile surges as its arm incorporates subsidiary company
Route Mobile surges as its arm incorporates subsidiary company
Source: Accord Fintech
2/12/2022 2:28:50 PM
Buy Route Mobile Ltd For Target Rs.1,644 - Anand Rathi Shares and Stock Brokers * Revenue from operations grew by 94.1% from Rs. 4,357 million in Q2 FY22 to Rs 8,458 million in Q2FY23. There was a sequential growth of 16.0%, billable transactions increased from the 10.8 billion in Q2FY22 to around 24.8 billion in Q1FY23 to 26.9 billion in Q2FY23. Average realization per billable transaction increased from 0.294 paisa in Q1FY23 to 0.314 in Q2FY23. * Gross profit margin expanded from 21.2% in Q2FY22 to 22.3% in Q2FY23. EBITDA grew by 77.4% from Rs. 617 million in Q2FY22...
Buy Route Mobile Ltd For Target Rs.1,644 - Anand Rathi Shares and Stock Brokers
Buy Route Mobile Ltd For Target Rs.1,644 - Anand Rathi Shares and Stock Brokers
Source: Anand Rathi Shares and Stock Brokers Ltd
28/11/2022 2:45:51 PM
Hold Route Mobile Ltd For Target Rs.1,500 - Emkay Global Financial Services Strong operating performance  Route Mobile delivered better-than-expected operating performance in Q2FY23. Revenue grew by 16% QoQ/94.1% YoY to Rs8.5bn on account of continued traction in billable transactions (27bn in Q2 vs. 25bn QoQ/11bn YoY), uptick in ILD rates in India, and market share gains. Route expects the strong momentum to continue in FY23 and has raised its FY23 revenue growth guidance to 60%, considering strong H1FY23 performance, healthy new client wins, market share ga...
Hold Route Mobile Ltd For Target Rs.1,500 - Emkay Global Financial Services
Hold Route Mobile Ltd For Target Rs.1,500 - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
27/10/2022 3:12:57 PM
Add Route Mobile Ltd For Target Rs. 1,520 - ICICI Securities We recently interacted with Route Mobile Limited (Route) senior management for an update on key business developments. Route is confident of exceeding its FY23 revenue guidance and delivering ~60% YoY growth (vs guidance of 50% YoY stated in Q1FY23 earnings call) led by: 1) strong volume growth driven by recent deal wins and ramp-up across multiple enterprise clients, 2) increase in ILD (international longdistance) prices (with effect from Q2FY23), 3) possibility of increase in NLD (national ...
Add Route Mobile Ltd For Target Rs. 1,520 - ICICI Securities
Add Route Mobile Ltd For Target Rs. 1,520 - ICICI Securities
Source: ICICI Securities
5/10/2022 10:21:25 AM
Buy Route Mobile Ltd For Target Rs.1,730 - JM Financial Institutional Securities Growth could continue to surprise Route Mobile (akin to CPaaS industry) has seen strong growth tailwinds aided by increased digital adoption in recent years which resulted in 45% revenue CAGR over FY20-22. Growth momentum is sustaining through FY23 as well with increased confidence in a likely beat on company’s revised ‘growth outlook of 50% YoY’(note that company started the year with a 40% growth outlook) aided by strong messaging volumes, improvement in pricing on ILD ...
Buy Route Mobile Ltd For Target Rs.1,730 - JM Financial Institutional Securities
Buy Route Mobile Ltd For Target Rs.1,730 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
16/09/2022 4:22:21 PM
Buy Route Mobile Ltd For Target Rs.1,660 - JM Financial Services In-line performance; likely to outperform initial FY23 outlook Route’s 1QFY23 operating performance was broadly in-line (even after adjusting for capitalised R&D expenses of INR 59 mn). Company reported revenues of INR 7.3 bn (+16.4% QoQ, +93.1% YoY) which were inline aided by full quarter consolidation of MRM. EBITDA margins improved by 120 bps sequentially to 10.8% aided by flow through of higher gross margins (+130 bps QoQ) reflecting the consolidation of higher margin acquisi...
Buy Route Mobile Ltd For Target Rs.1,660 - JM Financial Services
Buy Route Mobile Ltd For Target Rs.1,660 - JM Financial Services
Source: JM Financial Services Ltd
12/09/2022 4:10:38 PM
Route Mobile`s arm inks pact with Coca-Cola UAE Route Mobile’s step-down subsidiary -- Route Mobile LLC has enabled Coca-Cola UAE to connect with their customers and make it easier for them to order their favourite beverage online. Customers will also be able to pay for the order via Coca-Cola's Payment Gateway without leaving the WhatsApp chatbot, making it a seamless end-to-end process. Besides automating the order management and improving customer experience, Route Mobile's WhatsApp chatbot solution will also make the p...
Route Mobile`s arm inks pact with Coca-Cola UAE
Route Mobile`s arm inks pact with Coca-Cola UAE
Source: Accord Fintech
1/07/2022 9:41:55 AM
Route Mobile jumps on inking agreements with Teledgers Route Mobile is currently trading at Rs. 1679.00, up by 22.05 points or 1.33% from its previous closing of Rs. 1656.95 on the BSE. The scrip opened at Rs. 1667.00 and has touched a high and low of Rs. 1727.25 and Rs. 1657.20 respectively. So far 13022 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. 1396.00 on 24-Feb-2022. Last one week high and low of the scrip st...
Route Mobile jumps on inking agreements with Teledgers
Route Mobile jumps on inking agreements with Teledgers
Source: Accord Fintech
4/05/2022 12:39:30 PM
Buy Route Mobile Ltd For Target Rs.2,210 - JM Financial Industry tailwinds plus land and grab to drive strong growth Route Mobile has continued to pursue the inorganic route in-line with the strategic objective of diversifying into newer markets as well as expanding the product suite in-line with the objective of creating an omni-channel communication suite. Larger acquisitions like Masivian (Latin America) and Mr Messaging (Europe and Africa) have been aimed at geographical expansion. We note that Route’s YoY revenue growth trajectory im...
Buy Route Mobile Ltd For Target Rs.2,210 - JM Financial
Buy Route Mobile Ltd For Target Rs.2,210 - JM Financial
Source: JM Financial Services Ltd
16/03/2022 1:11:46 PM
Buy Route Mobile Ltd For Target Rs.2,330 - Emkay Global Revenue beats estimate, margins miss * ROUTE’s Q3FY22 revenue was ahead of our expectations, whereas margins missed our estimates. Revenue grew by 29.2% QoQ/46.2% YoY to Rs5.6bn (organic 22.1%). EBITDAM declined 160bps to 10.8% on account of ESOP costs, increase in S&M costs and hiring of developers for the Rapid initiative. * Billable transactions stood at 16.3bn in Q3 (highest ever in a quarter) vs. 10.9bn/8.5bn QoQ/YoY. Acquisitions (Masivian and Interteleco) contributed 3....
Buy Route Mobile Ltd For Target Rs.2,330 - Emkay Global
Buy Route Mobile Ltd For Target Rs.2,330 - Emkay Global
Source: Emkay Global Financial Services Ltd
30/01/2022 9:45:54 AM
Route Mobile moves up on getting shareholders’ approval to raise Rs 2,000 crore Route Mobile is currently trading at Rs. 2289.75, up by 67.70 points or 3.05% from its previous closing of Rs. 2222.05 on the BSE. The scrip opened at Rs. 2268.00 and has touched a high and low of Rs. 2335.00 and Rs. 2222.05 respectively. So far 10267 shares were traded on the counter. The BSE group 'B' 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. 687.90 on 16-Oct-2020. Last one week high and low of the scrip sto...
Route Mobile moves up on getting shareholders’ approval to raise Rs 2,000 crore
Route Mobile moves up on getting shareholders’ approval to raise Rs 2,000 crore
Source: Accord Fintech
18/10/2021 10:56:14 AM
Route Mobile soars as its arm signs definitive agreements to acquire Masivian S.A.S Route Mobile is currently trading at Rs. 2168.00, up by 53.30 points or 2.52% from its previous closing of Rs. 2114.70 on the BSE. The scrip opened at Rs. 2160.00 and has touched a high and low of Rs. 2201.05 and Rs. 2151.60 respectively. So far 10752 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2308.15 on 05-Jul-2021 and a 52 week low of Rs. 687.90 on 16-Oct-2020. Last one week high and low of the scrip sto...
Route Mobile soars as its arm signs definitive agreements to acquire Masivian S.A.S
Route Mobile soars as its arm signs definitive agreements to acquire Masivian S.A.S
Source: Accord Fintech
11/10/2021 10:32:08 AM
Key News - Route Mobile Ltd, Embassy Office Parks, ICRA, Happiest Minds Technologies Ltd, Century Textiles and Industries Ltd, JM Financial by ARETE Securities Key News Route Mobile's profit after tax jumps 27.4% to Rs 34.32 cr in June quarter Communication services firm Route Mobile on Wednesday posted a 27.44 per cent jump in consolidated profit after tax to Rs 34.3 crore for the first quarter ended June 30, 2021, according to the company's regulatory filing. The company had registered a profit of Rs 26.9 crore in the corresponding quarter a year ago. During the latest quarter, the tax department asked Route Mobile to pay goods and s...
Key News - Route Mobile Ltd, Embassy Office Parks, ICRA, Happiest Minds Technologies Ltd, Century Textiles and Industries Ltd, JM Financial by ARETE Securities
Key News - Route Mobile Ltd, Embassy Office Parks, ICRA, Happiest Minds Technologies Ltd, Century Textiles and Industries Ltd, JM Financial by ARETE Securities
Source: ARETE Securities Ltd
29/07/2021 9:19:31 AM
Technical Stock Pick Buy Route Mobile Ltd For Target Rs. 2190 - HDFC Securities Technical Stock Pick Buy Route Mobile Ltd For Target Rs. 2190 - HDFC Securities  TECHNICAL OBSERVATIONS Symmetrical Triangle Breakout on the daily chart Stock has surpassed the previous swing high resistance on the daily charts Volumes during the breakout has been significantly higher than average volume of last one month Primary trend of the stock has been bullish, as stock has been forming higher tops and higher bottoms Short term moving ave...
Technical Stock Pick Buy Route Mobile Ltd For Target Rs. 2190 - HDFC Securities
Technical Stock Pick Buy Route Mobile Ltd For Target Rs. 2190 - HDFC Securities
Source: HDFC Securities Ltd
2/07/2021 11:29:13 AM
Route Mobile jumps on inking technology partnership with Truecaller Route Mobile is currently trading at Rs. 1739.50, up by 49.20 points or 2.91% from its previous closing of Rs. 1690.30 on the BSE. The scrip opened at Rs. 1659.85 and has touched a high and low of Rs. 1763.40 and Rs. 1631.35 respectively. So far 54055 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1979.00 on 17-Feb-2021 and a 52 week low of Rs. 625.00 on 21-Sep-2020. Last one week high and low of the scrip sto...
Route Mobile jumps on inking technology partnership with Truecaller
Route Mobile jumps on inking technology partnership with Truecaller
Source: IANS
21/06/2021 2:11:03 PM
Add Route Mobile Ltd For Target Rs.1,775 - ICICI Securities Focus on Quality vs Quantity With the objective of pivoting towards higher-end offerings and profitability, Route Mobile has indicated several measures such as pruning of low margin accounts, gradual shift towards OTT/RCS based communication and cross-selling more experience-based offerings to its end clients. Further, to expand in DMs such as America and Europe with a platform/solutioning focus (rather than purely SMSbased A2P), RML has appointed Mr John Owen (previously CEO at Mastek) as...
Add Route Mobile Ltd For Target Rs.1,775 - ICICI Securities
Add Route Mobile Ltd For Target Rs.1,775 - ICICI Securities
Source: ICICI Securities Ltd
9/06/2021 10:59:00 AM
Buy Route Mobile Ltd For Target Rs.1,820 - Emkay Global India’s premier play in fast-growing CPaaS space * ROUTE is a leading player in Communications Platform as a Service (CPaaS) with strong relationship with telecom operators, particularly in the Indian subcontinent, MEA and LatAm regions. Strong industry tailwinds (~30% CAGR over 2020-25E), presence in fast growing markets and new product expansions should drive revenue/EBIT/EPS CAGRs of 25%/33%/34% over FY21-24E. * ROUTE’s EBITM is expected to expand ~210bps over FY21-24E on...
Buy Route Mobile Ltd For Target Rs.1,820 - Emkay Global
Buy Route Mobile Ltd For Target Rs.1,820 - Emkay Global
Source: Emkay Global Financial Services Ltd
29/05/2021 12:23:38 PM
Add Route Mobile Ltd For Target Rs. 1,710 - ICICI Securities As communication channels of enterprises evolve from disparate A2P-based messaging system to CPaaS-based communication (TAM to grow ~30% in medium term), we believe Route Mobile (‘RML’) is favourably placed to benefit from industry tailwinds. Key strengths of RML include: 1) Network pipe developed with MNOs (240 direct relationships), 2) firewall-based offering (aids in strengthening MNOs-based relationship), 3) robust client economics with companies such as Facebook and Google...
Add Route Mobile Ltd For Target Rs. 1,710 - ICICI Securities
Add Route Mobile Ltd For Target Rs. 1,710 - ICICI Securities
Source: ICICI Securities Ltd
7/05/2021 10:55:36 AM
Buy Route Mobile Ltd For Target Rs.1,558 - HDFC Securities Our Take: Route Mobile is largest CPaaS (Communications platform as a service) based out of India and is the largest in Asia, Africa, and the Middle East in terms of connectivity and in terms of customers. It has direct relationships with over ~250 MNOs (Mobile Network Operators) with access to over 800 mobile networks. This helps it to deliver services to global clients across multiple geographies. Company has a wide range of enterprise communication services including A2P/P2A/2Way Messa...
Buy Route Mobile Ltd For Target Rs.1,558 - HDFC Securities
Buy Route Mobile Ltd For Target Rs.1,558 - HDFC Securities
Source: HDFC Securities Ltd
30/03/2021 11:28:58 AM