HomeNewsBusinessStocksBuy Affle India; target of Rs 1880: Sharekhan
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Buy Affle India; target of Rs 1880: Sharekhan

Sharekhan is bullish on Affle India has recommended buy rating on the stock with a target price of Rs 1880 in its research report dated April 08, 2025.

April 09, 2025 / 12:43 IST
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Buy
Buy

Sharekhan's research report on Affle India

Optics AI to enhance Affle’s 3i consumer platform by delivering highly personalised, hyper contextual, and hyper localised creatives, thereby optimising user experience. Management plans to expand its customer base significantly through connected TVs (CTVs) using CTV AI, which would leverage personalisation, localisation, and measurability to drive conversions. The company has trained 100 AI agents who would work in an interoperable and integrated way with 600 plus Affle employees to enhance productivity and contribute to authentic intelligence.

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Outlook

We reiterate Buy with an unchanged PT of Rs. 1,880 (valued at 45xFY27E EPS). At CMP, the stock trades at 53.7/44/34.8xFY25/26/27E EPS.

For all recommendations report, click here