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Akhilesh Jat SEBI RA

5th Sep · SEBI Registration INH000016649

Affle India Rebounds 6.4% After Seven-Session Decline

Affle India shares jumped 6.4% on September 4, 2026, snapping a seven-session losing streak. Here's a look at the stock's price action and outlook. Affle (India) Ltd. (NSE:

AFFLE
) staged a strong recovery on September 4, 2026, with the stock closing at ₹1,616.50, up 6.4% (₹97.30) after rising as much as 8.28% intraday. The rebound comes after a prolonged correction. Prior to Thursday's close, AFFLE had declined for seven consecutive trading sessions, losing approximately 12.76% during that period. Friday's sharp recovery may provide some relief to investors, although the broader trend remains under watch. Over the last five months, the stock has largely traded within a broad range of ₹1,385 to ₹1,750, indicating an extended consolidation phase. Market participants will closely monitor whether the latest rebound marks the beginning of a sustained recovery or remains a short-term pullback within the existing range. Affle operates in the global technology space through its Consumer Platform and Enterprise Platform, focusing on consumer acquisition, retargeting, online-to-offline conversions and mobile engagement solutions. At Friday's close, the company had a market capitalisation of approximately ₹21,753 crore, with a P/E ratio of 45.53, ROE of 12.45%, ROCE of 15.36%, and P/B ratio of 5.96. Its valuation remains relatively higher than the sector average P/E of 24.7. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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