Page 2 - Route Mobile Limited

Route Mobile standalone net profit declines 97.8% in the March 2022 quarter

For the full year,net profit rose 24.32% to Rs 27.76 crore in the year ended March 2022

Route Mobile to buy Teledgers' blockchain, DLT platform for about Rs 130 cr

This will allow telecom operators to efficiently manage as well as regulate A2P (application to person) communication (SMS/voice calls), using state-of-the-art blockchain-based solutions

Here's why Anand Rathi recommends buying Rain Industries, Route Mobile

Mehul Kothari of Anand Rathi is bullish on Rain Industries and Route Mobile.

Route Mobile Ltd raises Rs 867 crore via qualified institutional placement

Route Mobile Ltd, a Communication Platform as a Service (CPaaS) provider, said it has raised Rs 867.49 crore via Qualified Institutional Placement

Route Mobile shareholders approve raising Rs 2,000 cr via securities

Enterprise communication service provider Route Mobile has received shareholders approval to raise Rs 2,000 crore through sale of securities, according to the company's regulatory filing.

IPO frenzy: 24 stocks that more than doubled your money in two years

Given the subscription levels of some of the recent IPOs, analysts have started to be cautious and suggest investors do not subscribe to every IPO that hits the Street

Route Mobile's profit after tax jumps 27.4% to Rs 34.32 cr in June quarter

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.

Happiest Minds, Route Mobile: How to trade buzzing stocks of the day

Here's what technical charts suggest regarding the buzzing stocks of the day.

Route Mobile surges 10% on acquisition of email technology biz from Sarv

Route Mobile signed definitive agreements to acquire the artificial intelligence-driven email communication platform, Sendclean, from Sarv Webs Private Limited ("Sarv")

Route Mobile appoints Owen as chief executive officer for Europe, Americas

He will be based in the UK (London) office

Route Mobile IPO: Company's signal stays strong on surge in Cloud adoption

Though the growth trajectory remains strong, valuation at 51 times its FY22 earnings estimates is already factoring in most of the growth, say analysts at Edelweiss

Route Mobile, OnMobile Global & 6 other stocks rally over 50% in a week

Route Mobile hit a new high of Rs 1,979 on the BSE in intra-day trade today

Route Mobile rallies 20%, Affle India locked in 10% upper circuit

In the past one week, Route Mobile and Affle India have rallied up to 35 per cent, as compared to 1.5 per cent rise in the S&P BSE Sensex

Route Mobile hits new high as FPIs increase stake; zooms 100% since listing

In the December quarter, FPIs increased stake in the company by 540 basis points to 15.74% from 10.34% at the end of September quarter

Route Mobile freezes at 10% upper circuit; zooms 38% in 1 week post Q2 nos

With the past week's rally, the stock is currently trading 213 per cent higher as against its issue price of Rs 350 per share

Route Mobile rallies 25% in three days on robust September quarter results

The stock bounced back 12 per cent today from its early morning low on the BSE after the company's consolidated net profit more-than-doubled to Rs 32.7 crore in Q2

Route Mobile surges 18%; stock zooms 134% against issue price in 3 days

The stock rallied 18% to Rs 818 in the intra-day trade today leading to a gain of 134% against the issue price of Rs 350 per share

Route Mobile up 7% as Goldman Sachs, Kuwait Investment Authority pick stake

Goldman Sachs India Fund, Goldman Sachs Trust Emerging Markets Equity Fund and GS FDS Sicav GS Global Emg Mkts EQ Portfolio bought a combined 2.41 million equity shares worth of Rs 170 crore on Monday

Route Mobile makes strong debut in stock market, lists at 86% premium

The Rs 600-crore IPO of Route Mobile was subscribed 75x

MARKET WRAP: Sensex tanks 812 pts amid weak global cues; India VIX up 13%

All that happened in the markets today