Archive · 12 Aug 2026

Mobavenue AI hits upper circuit as Q1 PAT surges 95%

Mobavenue AI hits upper circuit as Q1 PAT surges 95%

Imagine a company that helps brands show their ads on your phone.

That company is called Mobavenue AI Tech.

On one day, lots of people wanted to buy its shares, even though the stock market was having a bad day.

Usually a share can go up or down only a little each day.

Mobavenue's shares went up by the biggest amount allowed in one day, called the upper circuit.

That happened because the company announced it made a lot more money than before.

Its profit jumped by 95% compared to the same time last year.

It also made more money from customers in other countries.

The company also showed a new smart computer program called the Mobavenue Neural Engine that helps create ads much faster.

Because of all this good news, people wanted to buy the shares, pushing the price up.

Sources