The Apple of Investors’ Eyes: Affle Yielded 659% Returns In 3 Years
If you had invested ₹1 lakh in Affle in September 2019, you could have had ₹7.5 lakhs today! This multibagger gave investors 659% returns in 3 years. Let’s take a closer look at the company.
🧑🏼💻 Stock: Affle India Ltd.
🧑🏼💻 NSE: $AFFLE
💻 About the Company
Affle is a technology company with a proprietary consumer intelligence platform that transforms ads into recommendations. This platform helps marketers to effectively identify, engage, acquire and drive transactions through their potential and existing users.
It unifies and simplifies the advertising and marketing tech ecosystem by providing an end-to-end integrated mobile marketing platform.
Affle has multiple platforms under its brand, namely:
🖥️ mTraction Enterprise
🌟 Key Developments:
🖥️ Unique data sets drive prediction and recommendation algorithms for clients.
🖥️ 95% of the business revolves around advertisements on mobile apps.
🖥️ The Affle 2.0 strategy, which is like a roadmap for the future of the company is based on 2 Vs:
✌🏼 Verticalisation: Focuses on the top 10 key verticals from the customer’s point of view.
✌🏼 Vernacular: Focuses on catering to indigenous language speakers. They have acquired IndusOS, India’s largest independent indigenous app store that supports indigenous languages of India.
💰 Stock Value
On September 6, 2019, the shares of the company were trading at ₹168.5, they were trading at ₹1279.2 as of September 5, 2022.