Affle 3i Reaches All-Time High, Signaling Strong Market Momentum and Growth Potential

Affle 3i, a prominent player in the Computers - Software & Consulting industry, has shown remarkable performance today, reaching an all-time high. The stock is currently just 0.57% away from its 52-week high of Rs 2039, reflecting strong momentum in the market. Today, Affle 3i outperformed its sector by 2.76%, with a notable intraday high of Rs 2034.75, marking a 3.51% increase.
Over the past two days, the stock has gained 3.16%, contributing to a robust one-week performance of 4.12%, while the Sensex has seen a slight decline. In the last month, Affle 3i has surged by 14.32%, significantly outpacing the Sensex's 3.52% growth. The company has demonstrated impressive long-term growth, with net sales increasing at an annual rate of 46.68% and operating profit rising by 38.97%.

Affle 3i's management efficiency is highlighted by a high return on equity (ROE) of 19.46%, and the company maintains a low debt-to-equity ratio. With strong institutional holdings at 31.4%, the stock has consistently delivered market-beating performance over various time frames, including a remarkable 49.03% return over the past year.