Affle 3i Achieves 52-Week High Amid Strong Financial Performance and Growth Metrics

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. 2039. This milestone reflects a robust performance, with the stock outperforming its sector by 1.07%. Over the past six days, Affle 3i has shown a remarkable upward trend, gaining 7.39% during this period.
The company’s financial health is underscored by impressive metrics, including a high return on equity (ROE) of 19.46% and a low debt-to-equity ratio of just 0.03 times. Affle 3i has also demonstrated strong sales growth, with net sales increasing at an annual rate of 46.68% and operating profit rising by 38.97%. The latest quarterly results highlight a record net sales figure of Rs. 602.25 crore and an operating profit margin of 22.24%.

With high institutional holdings at 31.4%, Affle 3i continues to attract attention for its consistent performance, having generated a 51.28% return over the past year, significantly outpacing the Sensex's 5.97% growth. As the market navigates fluctuations, Affle 3i stands out as a strong performer in its sector.