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Affle India to raise Rs 749 crore from Government of Singapore via preferential issue

Among public shareholders, Malabar India Fund owns a 2.9% stake in the company, followed by funds like ICICI Prudential India Opportunities Fund, Nippon Life India Trustee Ltd., and ICICI Prudential Life Insurance Co.

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Affle India shares hit upper circuit post split; Know More About Affle India

Meanwhile, most of the investor would be very happy as the share price of Affle (India) Limited has risen 119 percent in the last one year.

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Affle India Share Price News: Affle India Shares Locked In 5% Upper Circuit After Board Approves Stock Split

The company decided to split the shares of the company to facilitate larger shareholder base and aid liquidity, Affle India said.

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Stock Update: Affle India To Acquire Latin America-Based Jampp; Stock Strengthens

Meanwhile, Affle will hike its stake in indigenous social keyboard provider Bobble AI to 17.72 per cent from the 8 per cent stake acquisition in August

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Affle India Share Price: Buy Affle (India), target price Rs 6225: ICICI Direct

Affle (India) Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 14040.00 Crore) operating in Services sector.

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Stocks to watch: Affle India, BEML, RIL, auto stocks, RailTel, IOC, Vedanta

Here are the top stocks that are likely to be in focus today:
Affle India: The company at its board meeting approved the fundraising of upto Rs 1,080 crore.
IOC: Indian Oil Corporation (IOC) will invest Rs 32,946 crore to expand Panipat refinery capacity to 25 million tonne per year from 15 million tonne per year earlier.
Auto stocks: Auto sales figures would start trickling in from March 1 onwards. Car and tractor makers are likely to report a strong set of auto sales numbers for the month of February, but growth in two-wheeler sales may not be as strong, according to analysts. Stock-specific action is expected in the auto companies on the back of these numbers.

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Stocks to watch: Nureca, Max Fin, Axis Bank, DRL, Dredging Corp, Affle

Here are the top stocks that are likely to be in focus today:
Nureca: Shares of Nureca will list on the bourses today. The IPO by home healthcare and wellness products provider that ran between February 15-17 witnessed 40 times subscription.
Max Financial Services, Axis Bank: The Insurance Regulatory and Development Authority of India (IRDAI) has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities.
Affle (India): Affle Holdings Pte Ltd, a promoter of Affle (India), on Wednesday, offloaded 3 lakh shares of the company worth over Rs 161 crore through an open market transaction.

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Affle India shares various insights about its acquisition of business assets of Discover Tech

Updated Feb 23, 2021 | 23:16 IST
Acquisition with Discover Tech, Launched Appnext platform with handset manufacturers, telecom operators to help customise customer’s journey. The main aim is to create deeper customer engagement.
Representational Image
The main aim is to create deeper customer engagement
The acquisition with Discover Tech, gives the company competitive advantage with deeper focus on emerging markets
The company foresees consistent top line growth anchoring on massive consumer trend of digital adoption.
Affle India in an exclusive interview with ET NOW shares various insights about its acquisition of business assets of Discover Tech Ltd. Affle India is a global consumer platform business essentially delivering touchpoints through the entire consumer journey.

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Affle India Share Price: Buy Affle (India), target price Rs 5100: ICICI Direct

Affle (India) Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 11291.45 Crore) operating in Services sector.

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Affle India surges 21% in 2 days, hits new high post Dec quarter results

Read more about Affle India surges 21% in 2 days, hits new high post Dec quarter results on Business Standard. The management believes the company is in multi-year technology transformation period of accelerated consumer adoption of mobile and connected devices globally

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