Affle India's Stock Decline Highlights Mixed Performance Amid Broader Market Trends

Affle India, a prominent player in the telecommunication equipment sector, experienced a decline of 3.11% on May 6, 2025. This drop comes as the stock has underperformed its sector by 1.61%, marking a consecutive fall over the past two days with a total decline of 3.12% during this period. The stock reached an intraday low of Rs 1,537.65, reflecting a decrease of 3.2%.
In terms of moving averages, Affle India is currently positioned above its 50-day moving average but below the 5-day, 20-day, 100-day, and 200-day moving averages, indicating mixed short-term performance.

The broader market context shows the Sensex, which initially opened positively, has turned negative, trading down by 0.24% at 80,601.89. Despite this, the Sensex has shown resilience over the past three weeks, gaining 7.24%.

Over various time frames, Affle India's performance has been varied, with a year-to-date decline of 13.58% compared to the Sensex's gain of 3.16%. However, the stock has seen a significant increase of 470.57% over the past five years, outperforming the Sensex's 154.40% rise in the same period.