Affle 3i Achieves 52-Week High Amid Strong Financial Performance and Market Outperformance

Affle 3i, a prominent player in the Computers - Software & Consulting industry, has made headlines today as its stock price reached a new 52-week high of Rs. 1986.25, marking a significant milestone for the company. This achievement comes after a robust performance, with the stock outperforming its sector by 4.99% and recording a consecutive gain over the last three days, yielding a total return of 9.67%.
The stock's upward trajectory is supported by strong financial metrics, including a remarkable annual growth rate in net sales of 46.68% and an operating profit growth of 38.97%. Affle 3i has consistently delivered positive results for five consecutive quarters, with the latest quarterly net sales peaking at Rs. 602.25 crore and an operating profit margin of 22.24%.

Additionally, the company boasts a high return on equity (ROE) of 19.46% and a low debt-to-equity ratio of 0.03, indicating strong management efficiency and financial stability. With high institutional holdings at 31.4%, Affle 3i continues to demonstrate market-beating performance, achieving a remarkable 61.28% return over the past year, significantly outpacing the Sensex's 7.78% performance.