Affle can become apple of investor's eye
Affle engages in the provision of mobile advertisement services. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. Affle powers unique and integrated consumer journeys for marketers to drive high ROI, measurable outcome-led advertising across global connected devices.
Affle Ltd CMP is 1105.40. The Negative aspects of the company are High Valuation (P.E. = 59.90) and Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, improving annual net profit and improving cash from operations annual.
Entry after closing above 1143. Targets in the stock will be 1168, 1200 and 1238. Long term targets in the stock will be 1267, 1283, 1306 and 1338. Stop loss in the stock should be maintained at closing below 1000 or 1061.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Affle Ltd CMP is 1105.40. The Negative aspects of the company are High Valuation (P.E. = 59.90) and Promoter Holding decreasing. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, MFs are increasing stake, improving annual net profit and improving cash from operations annual.
Entry after closing above 1143. Targets in the stock will be 1168, 1200 and 1238. Long term targets in the stock will be 1267, 1283, 1306 and 1338. Stop loss in the stock should be maintained at closing below 1000 or 1061.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Happy Candles Investment