Route Mobile shares would turn ex-dividend today. Route Mobile had announced an interim dividend of Rs 6 per share. Today is also the record date for the same. The dividend will be paid on February 22.

Route Mobile, Sharda Cropchem, IGL, SRF to go ex-dividend today; Adani Green, Adani Ports Q3 results today

Shares of Route Mobile rose nearly 9% today after HDFC Securities initiated coverage on the shares of the communications platform. HDFC Securities gave a buy call to the Route Mobile stock with a target price of Rs 1,700. Stock of Route Mobile touched an intraday high of Rs 1267.75, rising 8.87% aga…

Route Mobile shares surge 9% in a weak market; here’s why

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.

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

Route Mobile’s share rallied more than 10 per cent during the early trade on Tuesday after the company reported a strong performance in the December 2022 quarter. Brokerage firms are positive on the counter after its robust Q3 performance.

Route Mobile shares surge 10% after Q3 numbers, here’s what analysts say

The 30-share pack BSE Sensex was trading 182 points or 0.30 per cent higher at 61,123.68, whereas NSE’s Nifty50 Index gained 44.4 points or 0.25 per cent at 18,162.95 as of 9.20 am.

Sensex, Nifty gain in early gain; Tata Motors, Poonawalla Fin, Route Mobile rally up to 5%

Route Mobile shares zooms 10% after Q3 numbers, here’s what analysts say

Tata Consumer is on portfolio expansion spree in its F&B segment with product launches into newer and innovative categories. That, Motilal Oswal said, should drive growth for the Tata Group company going ahead.

Canara Bank, Gland Pharma, Karur Vysya, Route Mobile, Tata Consumer: Here’re analyst price targets

Route Mobile continued to deliver strong revenue growth with revenues of Rs 9,857 million.

Route Mobile Q3 Results Review - Strong Revenue Growth But Cashflow Is A Concern: Centrum Broking

Route Mobile jumped 7.61% to Rs 1229 after the company’s consolidated net profit surged 85.18% to Rs 82.44 crore on 75.16% increase in revenue from operations to Rs 985.72 crore in Q3 December 2022 over Q3 December 2021.

Route Mobile spurts after Q3 PAT soars 85% YoY

Route Mobile Ltd recorded volume of 45.86 lakh shares by 14:14 IST on NSE, a 21.34 times surge over two-week average daily volume of 2.15 lakh shares

Volumes soar at Route Mobile Ltd counter

Q3 Review: Can Route Mobile Replicate Strong Performance In Q4? #Q3WithBQ | Route Mobile’s net profit jumps 84% while revenue surges 75% year-on-year. Is this sustainable?In conversation with Founder & Group CEO Rajdip Gupta.

Q3 Review: Can Route Mobile Replicate Strong Performance In Q4?

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Route Mobile Limited is an India-based Messaging and Voice application program interface (API) company. The Company provides technology service for mobile communications industry. The Company focuses on messaging and voice solutions. 

Route Mobile Ltd