Affle India files 15 patents in India; stock gains 2%

About the Patent

Affle (India) Ltd which is a technology company has reported to the exchanges that it has filed 15 patents in India. These newly filed patents cover advanced artificial intelligence (AI) subject areas, including automated AI agents, personalization & recommendation, predictive analysis, privacy management, enhanced fraud detection and security.

These patents power innovations across futuristic use cases of interaction, training and integration of Generative AI agents and leveraging advanced AI-driven capabilities across the value chain for responsible conversion-driven marketing. The technology enables newer use cases beyond mobile-based interaction to include signals and intelligent interactions across connected devices. These filings also include patents towards data privacy and enhanced fraud detection approaches to AI agents, including secure public cloud enclave, secure transfer system and data destruction, and more.

Stock Performance

Yesterday, Affle India share closed at Rs 1066.35. Today, it opened at Rs 1,061.35 and closed at Rs 1,087.10, marking a 1.95% increase. The company’s 52-week high is at Rs 1,270.30 while its low stands at Rs 875.25. Presently company holds a market capitalization of approximately Rs 14,500 crore. Over the past six months, the company’s shares have provided a return of 19.65% and in the same time frame, BSE Information Technology has changed by 14.73%.

About Affle (India) Ltd

Affle (India) Ltd is a global technology company with a proprietary consumer intelligence platform that delivers consumer recommendations and conversions through relevant mobile advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud.

The promoters holding in the company stood at 59.89%, while Institutions and Non-Institutions held 23.93% and 16.17%, respectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.