InvestorQ : Why has the stock of Affle India been doing well in trades?
Aashna Tripathi made post

Why has the stock of Affle India been doing well in trades?

Answer
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Tisha Malhotra answered.
3 months ago


Affle India was up 5% in early trades after the company announced a deal to acquire a Singapore based company. Its Singapore subsidiary will acquire 66.67% of Appnext Pte Ltd. it will have the option to acquire the balance shares over next 3-5 years. Affle will pay $17.25 million for the stake. Affle was recently listed on the stock exchanges.