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IT stock jumps 5% after its receives patent grant in the field of Ai systems

News by Aliceblue News Desk

05 Feb 2025

IT stock jumps 5% after its receives patent grant in the field of Ai systems

Introduction:

Leading tech company has been granted its 12th patent for a system enabling seamless switching between intelligent conversational agents. This innovation enhances AI-driven capabilities, optimizing user experience across platforms.

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Share price movement of Affle (India):

On February 5, 2025, Affle (India) Limited opened at ₹1,529.20, up 1.1% from its previous close of ₹1,512.60. The stock reached a high of ₹1,619.25 (5.52%) and a low of ₹1,529.20. By 11:17 AM, it traded at ₹1,596.10, a 5.52% increase, with a market cap of ₹22,421.42 crore.

Affle Secures 12th Patent in AI:

Affle (India) Limited has been granted its 12th patent in India for a “System for switching and handover between one or more intelligent conversational agents.” This patent enhances the company’s IP portfolio and strengthens its AI-driven capabilities.

The patented system enables seamless switching and handover between intelligent systems, such as chatbots and AR/VR agents, optimizing user experience across digital platforms. It uses factors like intent, complexity, and user preferences to ensure smooth transitions between agents without losing context.

This patent grant further supports Affle’s commitment to advancing customer-centric technologies and AI-driven solutions. The company has a total of 36 patents in areas such as Artificial Intelligence and Intelligent Agents, with dynamic ad adaptation being a key focus.

Stock performance of Affle (India) for Period of 1 week, 6 months and 1 year:

Affle (India) Limited recorded a 0.76% increase in stock price over the past week. Over six months, it saw a 5.13% decline, but it achieved a strong 27.8% rise over the past year, reflecting overall positive long-term performance.

Also Read: Steel stock jumps 3% after it receives order for 3000 metric tons of gi pipe

Shareholding pattern of Affle (India):

All values in %Dec 2024Sep 2024Jun 2024
Promoter55.00%55.10%55.10%
FII16.50%15.60%15.30%
DII14.60%15.60%16.20%
Public13.80%13.70%13.30%
Others0.10%0.10%0.00%
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About Affle (India):

Affle India Ltd (NSE: AFFLE), established in 1994, is a global tech company specializing in consumer intelligence. Its proprietary platform enhances marketing by providing targeted mobile ads, reducing ad fraud, and reaching over 3.4 billion connected devices globally.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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