Dealer’s name: Affle India (Purchase)
Goal: ₹1,535 CMP: ₹1,188.95 Affle’s (India) Q4FY24 income stood at ₹506.20 crore up, 1.5 per cent q-o-q/42.3 per cent y-o-y, beating our estimates of ₹499.8 crore, pushed by regular progress in CPCU income. EBITDA margin was flat at 19.4 per cent, on q-o-q and y-o-y foundation, barely beating our estimate of 19.2 per cent. CPCU … Read more