Route Mobile Ltd. News and Updates

Name: Latest research reports of Route Mobile Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Route Mobile Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Route Mobile Ltd. from all sources in a single place.

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Route Mobile Ltd.

25 Jan 2023

972.60

-4.53%

Buy Route Mobile; target of Rs 1340: Emkay Global Financial

Moneycontrol

Emkay Global Financial is bullish on Route Mobile has recommended buy rating on the stock with a target price of Rs 1340 in its research report dated January 23, 2023.

Route Mobile Ltd.'s price crossed below 50Day SMA today

Route Mobile Ltd.

23 Jan 2023, 11:26PM

972.60

-4.53%

Route Mobile Q3FY23 Results Earnings Call

Conference Call with Route Mobile Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.

audio

Route Mobile Ltd.

23 Jan 2023

972.60

-4.53%

to see Rapid results content

Route Mobile Ltd.

07 Dec 2022

972.60

-4.53%

Why Route Mobile share price is falling

livemint

After rallying throughout 2021, Route Mobile share price has taken a hit in 2022. Find out why

Route Mobile Ltd. has lost -21.89% in the last 3 Months

Route Mobile Ltd.

14 Nov 2022

972.60

-4.53%

Smart Alpha: Reiterate long on Route Mobile

Buy: Route Mobile Ltd.

ICICI Securities Limited

We believe Route Mobile (Route) share price is likely to rise in absolute terms over the next 45 days and, therefore, we reiterate our long call on the stock.

Route Mobile Ltd.'s price crossed below 50Day SMA today

Route Mobile Ltd.

25 Oct 2022, 12:00AM

972.60

-4.53%

Exceeds expectations on growth and margins

Buy: Route Mobile Ltd.

Recommendation Target

ICICI Securities Limited

Route Mobile (Route) has reported strong revenue growth of 16% QoQ and 94.1% YoY
to Rs8,458mn led by strong organic revenue growth of 20.6% QoQ, 40% YoY and
contribution from acquisitions.

Route Mobile Ltd.'s price crossed below 50Day SMA today

Route Mobile Ltd.

21 Oct 2022

972.60

-4.53%

Route Mobile Q2 net profit rises 74.5% to Rs 73.6 cr, revenue jumps 94%

Business Standard

Enterprise messaging firm Route Mobile on Friday posted a 74.5 per cent rise in consolidated profit after tax at Rs 73.6 crore for the second quarter ended September 30, 2022. The company had posted a profit after tax (PAT) of Rs 42.17 crore in the same period a year ago. The revenue from operations jumped by 94 per cent to Rs 845.84 crore from Rs 435.67 crore in the September 2021 quarter. "I'm happy to announce that we have achieved yet another best quarterly revenue and operating profit to date. With this we mark six consecutive quarters of sequential revenue and adjusted PAT growth, demonstrating the stability of our business model. "This is despite the geopolitical tensions, massive volatility across various currencies, and various other uncertainties that we are all grappling with," Route Mobile Managing Director and Group Chief Executive Officer, Rajdipkumar Gupta said in a statement.