BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
As mobile-app transactions get more traction and become mainstream, we believe demand for Affle India Ltd.’s user acquisition-and-retention solutions should grow manifold.
Management focus on profitability has created sustainable high-growth and cash-flow generation.
We initiate coverage on Affle, India, with a positive outlook as greater spending on mobile advertising, tapping connected devices, deeper penetration in the top-10 verticals, newer regions, tier-II and III cities in India drive Affle’s long-run growth.
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