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Stocks in the news: DLF, Vodafone Idea, Dish TV, Biocon, BPCL and PNBVodafone Idea said that it has started using 3G spectrum for 4G services in Mumbai and claimed that customers in the metro city will get hi...
- Bharti Airtel gains as co pips Jio in monthly mobile subscriber addition after 4 years
Bharti Airtel led mobile subscriber growth in September 2020 with a net addition of 3.77 million new customers. It was followed by Reliance...
- Route Mobile advances 5% as company eyes two acquisitions
The company said that the acquisitions, to be structured as a cash-and-stock deal, would be in the range of Rs 250-300 crore valuation.
- Stocks in the news: Maruti, M&M, ONGC, Dr Reddy’s Labs, Infibeam and Route Mobile
Dr Reddy's Laboratories on Saturday said it has inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands.
- Route Mobile Q2 results: Profit more than doubles to Rs 33 crore
The company saw its revenue from operations grow about 78 per cent to Rs 349.3 crore in the quarter under review from Rs 196.6 crore in the...
- Stellar Q2 numbers for Route Mobile: Is the trajectory sustainable?
There was a three-fold jump in PAT as Covid hastened digital adoption by enterprises, says Gautam Badalia, Chief Strategy Officer, Route Mo...
- Don’t expect Mazagon to do an IRCTC on debut; grey market premium shrinks
Unlisted shares of Mazagon are fast losing steam in the grey market. As the listing day drew closer, the stock’s trading premium to the iss...
- Route Mobile acquires intellectual property, associated contracts from TeleDNA
Bengaluru-based TeleDNA specialises in the development of telecom-related solutions like MMSC (Multimedia Messaging Service Center), SMSC (...
- The week that was: GMM Pfaudler, Vodafone Idea, Route Mobile among 10 names that buzzed during the week
Top stocks that created a buzz on Dalal Street through the week
- Market Movers: IT, banks in free fall, Route Mobile bucks trend; 229 stocks turn oversold
Route Mobile, which made its debut on Monday, jumped another 10 per cent to Rs 908.10, adding to Wednesday’s 20 per cent gains. The stock i...
- Stocks in the news: HDFC Bank, SBI, Route Mobile, Vodafone Idea, STFC and Muthoot Finance
State Bank of India (SBI), the country's largest bank has kicked off its due diligence for restructuring of retail loans.
- Route Mobile makes a strong debut on a weak trading day
The stock ended at Rs 651, almost 86 per cent above its issue price of Rs 350 after listing at an over 100 per cent premium to the issue pr...
- Stocks in the news: Route Mobile, RITES, Essel Propack, Future Enterprises and Power Grid
At the issue price of Rs 350, the stock of Route Mobile commands a valuation of 29 times PE on FY20 basis on a fully diluted basis.
- Route Mobile lists at 105% premium over issue price
The issue was sold in the price band of Rs 345-350 from September 9 to September 11. The IPO had attracted 73.29 times subscription, with N...
- Grey market is loving it! Share premia soar for three new IPOs
Grey market premia for Route Mobile, Computer Age Management Services (CAMS) and Chemcon Speciality Chemicals are inching northwards as the...
- Route Mobile IPO allotment status: Here's how you can check it
The issue turned out to be a blockbuster with the qualified institutional buyers (QIBs) portion getting subscribed 89.76 times, non-institu...
- Route Mobile IPO subscribed 73 times on final day, HNI bids at 193 times
The IPO, which is being sold at Rs 345-350 per share, is seeking a valuation of 29 times PE on FY20 basis (fully diluted). Analysts are pos...
- Route Mobile’s Rs 600-crore IPO fully subscribed on day 1
The IPO, which is being sold at Rs 345-Rs 350 per share, is seeking a valuation of 29 times PE on FY20 basis (fully diluted). Analysts are ...
- Route Mobile IPO: Should you subscribe?
While the company has shown a rapid growth in financials over the past three years, the future performance will depend upon the company’s a...
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