Affle India Shows Strong Performance Amid Broader Market Decline and Gains Momentum
Affle India has demonstrated strong performance in the telecommunication equipment sector, achieving consecutive gains over the past week and a notable return over the last year. The stock is currently trading above key moving averages, highlighting its robust position despite broader market fluctuations.
Affle India, a prominent player in the telecommunication equipment sector, has shown significant activity today, gaining 3.56% on March 26, 2025. The stock has outperformed its sector by 3.75%, marking a notable trend as it has experienced consecutive gains for the past seven days, accumulating a total return of 13.98% during this period. Today, Affle India reached an intraday high of Rs 1,637.15, reflecting a 3.95% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these key indicators.
In the broader market context, the Sensex opened flat but subsequently fell by 232.42 points, or 0.29%, to 77,789.03. Despite this decline, Affle India's performance stands out, with a 1-day gain of 3.87% compared to the Sensex's negative performance. Over the past year, Affle India has delivered an impressive return of 54.62%, significantly outpacing the Sensex's 7.34% increase.
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