India's Route Mobile surges on partnership with Nokia

Route Mobile

06/03/2025 05:03

** Route Mobile ROUT.NS gains 8.4% to 1,084 rupees; set for biggest one-day pct gain in nearly seven months

** Co, top shareholder Proximus Global PROX.BR partner with Nokia NOKIA.HE to offer network Application Programming Interfaces to help developers create enterprise applications

** ROUT sees busiest day in almost seven months, with more than 1.8 mln shares traded, more than 18x the 30-day avg

** ROUT trading below key 50-, 100-, 200-day moving avg

** Stock drops 22% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))