Ideas For Profit | Route Mobile IPO opens  to  good  response; should you participate?

The initial public offer of Route Mobile Ltd (RML) is coming at a time when the company is getting tailwinds from the COVID-19 pandemic.

Work-from-home culture and more usage of mobile applications amid the pandemic have led to a significant increase in the usage of the company’s offerings. In fact, the positive impact is visible in Q1 FY21 financials as well.

In this edition of Ideas For Profit, Moneycontrol's Sakshi Batra explains what will drive the next leg of growth for the company and why investors should tap this opportunity.