AFFLE.NS falls 3.56% to INR 1290.40 on 17 Mar 2026: valuation test ahead

AFFLE.NS stock slid 3.56% to INR 1290.40 at market close on 17 Mar 2026, driven by profit‑taking after a recent run and sector pressure in Communication Services. The drop came on volume of 534360.00 shares and left the scrip below its 50‑day average of INR 1561.88 and well under the 200‑day average of INR 1803.65. Investors should note Affle (India) Limited (AFFLE.NS) trades on the NSE in India and currently shows a trailing PE of 42.05 and EPS of 31.18

Price action and key intra‑day levels for AFFLE.NS stock

AFFLE.NS stock opened at INR 1307.10, hit a day high of INR 1312.50 and a day low of INR 1275.50, closing at INR 1290.40. The one‑day change of -47.70 and percentage move of -3.56% reflect short‑term selling pressure. Year range remains wide with a low of INR 1246.00 and a high of INR 2185.90, signaling past upside but near‑term consolidation.

Financials and valuation snapshot for AFFLE.NS stock

Affle (India) Limited shows a market cap of INR 184358577550.00 and a trailing PE of 42.05 with EPS at 31.18. Key ratios show strong liquidity with a current ratio of 3.61 and cash per share of 75.41, while price to sales is 7.13 and price to book is 5.66, indicating premium valuation versus many peers. Net profit margin sits near 16.95%, supporting earnings quality despite the stretched multiples.

Growth, cash flow and risk metrics for AFFLE.NS stock

Affle reported multi‑year revenue and cash flow growth, with free cash flow per share of 5.85 and operating cash flow per share of 13.03. Debt is minimal with debt to equity of 0.01, and interest coverage around 69.46, reducing leverage risk. Risks include high valuation multiples, industry cyclicality in advertising, and receivables days near 90.41, which can affect working capital.

Technical and trading signals for AFFLE.NS stock

Technicals show short‑term bearish tilt: RSI 37.50, MACD histogram modestly positive at 4.59 but ADX 40.17 indicates a strong price trend. Bollinger Bands middle is INR 1443.65 and lower band INR 1268.57, placing current price near the lower band. Average daily volume of 242587.00 compared with today’s 534360.00 indicates above‑average interest on this move.

Meyka AI grading and analyst context for AFFLE.NS stock

Meyka AI rates AFFLE.NS with a score out of 100: 72.28, Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The proprietary grade balances Affle’s revenue and cash flow growth against stretched valuation and sector weakness. Note these grades are not guaranteed and we are not financial advisors

Meyka AI forecast and price targets for AFFLE.NS stock

Meyka AI’s forecast model projects monthly INR 1421.10, quarterly INR 1707.98, and yearly INR 1936.74 for AFFLE.NS stock. Against the current price of INR 1290.40, implied upside is 10.14% for the month, 32.37% for the quarter, and 50.11% for the year. Forecasts are model‑based projections and not guarantees.

Final Thoughts

AFFLE.NS stock closed INR 1290.40 on 17 Mar 2026, down 3.56%, testing lower support near the Bollinger lower band and trading beneath both 50‑day and 200‑day averages. Fundamentals remain solid with EPS 31.18, strong cash per share 75.41, and low debt, but valuation metrics—PE 42.05 and P/S 7.13—price in high growth expectations. For AI‑focused investors, Affle’s MAAS and programmatic assets offer structural exposure to advertising tech and mobile data monetisation. Meyka AI’s quantitative model projects INR 1936.74 over 12 months, an implied upside of 50.11% from today’s close; this frames a risk‑reward tradeoff where earnings beats and margin expansion could re‑rate the stock, while softer ad spends or missed growth would pressure multiples. Use position sizing and watch next earnings on 11 May 2026 for catalysts. Meyka AI is an AI‑powered market analysis platform providing these model‑based forecasts and proprietary grades; forecasts are projections and not guarantees.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.