Announced Thu, 18 Jun · 08:43 IST
Mobavenue AI secures INR 10.02 Crore international order via UK arm
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹309.35
prior close
₹313.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1+1.6+1.0+2.1-0.1+0.5-2.7-3.0-7.7-7.2+8.3+0.6——
Up moveDown movePending
AI summary
Mobavenue AI Tech has won an international order worth about INR 10.02 crore through its wholly owned UK subsidiary Mobavenue Global Holdings. The order is denominated in US dollars, so the final rupee value may shift with exchange rates during execution. Work will use the company's AI-powered advertising and consumer growth platforms, supporting its push into ASEAN, MENA, LATAM, UK and USA markets.
Likely market impact
Adds to international revenue base and validates overseas expansion, but order size is modest and carries USD-INR forex risk.