Affle 3i Achieves 52-Week High Amid Broader Market Decline, Showcases Strong Fundamentals

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 2,171.3. This milestone reflects the company's strong performance, as it has outperformed its sector by 1.84% today. The stock has shown consistent upward momentum, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the broader market context, the Sensex experienced a decline, falling by 324.63 points to 82,621.41, yet Affle 3i's performance stands out. Over the past year, the company has achieved an impressive 42.11% return, significantly surpassing the Sensex's performance of -0.68%.

Affle 3i's financial health is underscored by a high return on equity (ROE) of 19.46% and a low debt-to-equity ratio of 0.03 times. The company has demonstrated robust growth, with net sales increasing at an annual rate of 46.66% and operating profit at 40.25%. Additionally, it has reported positive results for six consecutive quarters, further solidifying its market position. With high institutional holdings at 32.23%, Affle 3i continues to attract attention for its strong fundamentals and market-beating performance.