Short Term Fundamental Call

 

Dear subscriber Please find below mentioned short term fundamental stock for delivery purpose.

Company Name: Affle India Ltd

CMP: 5,276.15 Target: 5,540.00 BSE Code: 542752 NSE Code: AFFLE

End to End mobile advertising platform-based solution: Simplifies fragmented advertising and marketing eco-system and is connected to >2.2 billion devices and >300 billion data points. Profitable, scalable asset-light business: Has >14 years of R&D experience backed by 18 patents and has flexible and scalable infrastructure. Premium valuation supported by high growth: Trading at 105x of its FY21 earnings which is supported 4.8x jump in 3 years PAT.