Affle 3i Reaches New High Amid Strong Performance and Market Resilience

Affle 3i, a small-cap player in the Computers - Software & Consulting industry, has made headlines today by reaching a new 52-week high of Rs 2109.55. This milestone reflects a robust performance, as the stock outperformed its sector by 2.85% and recorded an intraday high of 4.02%. Notably, Affle 3i is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
In the broader market context, the Sensex has shown resilience, recovering from an initial dip to trade at 81,550.90, up 0.15%. Affle 3i's impressive one-year performance stands at 35.66%, significantly outpacing the Sensex's modest growth of 0.03%.

The company boasts high management efficiency, reflected in a return on equity (ROE) of 19.46% and a low debt-to-equity ratio of 0.03 times. With net sales growing at an annual rate of 46.66% and operating profit at 40.25%, Affle 3i has consistently delivered positive results over the last six quarters. Additionally, institutional holdings stand at 32.23%, indicating strong confidence in the company's fundamentals.