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Affle India soars 17% on filing 14 tech patents in Singapore, US

The stock, which was trading at its highest level since its listing on August 8, 2019, has appreciated by 91 per cent as against the issue price of Rs 745 per share.

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SI Reporter Mumbai
Shares of Affle (India) surged 17 per cent to Rs 1,426 in the intra-day trade on the BSE on Wednesday after the company announced filing of 14 patents in Singapore and the United States (US).

The stock, which was trading at its highest level since its listing on August 8, 2019, has appreciated by 91 per cent as against the issue price of Rs 745 per share.

“The company has filed 4 new patent applications in Singapore in the areas of conversational marketing and vernacular and voice-based intelligence,” Affle (India) said in a regulatory filing on Tuesday after market hours.