Autor: Aditya Pareek | EQMint | Opinion article
Indian equities opened on a mixed note today, with Route Mobile grabbing investor attention following its new partnership with Kalaam Telecom. While the broader market remained steady, the BSE Auto index extended its rally for the second consecutive day, buoyed by gains across major automobile stocks.
Route Mobile Trades Lower Despite Partnership Announcement
Shares of Route Mobile Ltd were trading slightly lower at ₹734.10, down 0.37%, even as the company announced a new partnership with Kalaam Telecom, a leading Bahrain-based telecom service provider.
During the day, the stock touched an intraday high of ₹744.60 and a low of ₹733.55, before stabilizing near the lower end of the range. The counter recorded a total volume of 4,668 shares, about 19% lower than its five-day average volume of 5,788 shares, indicating subdued investor participation.
In the previous trading session, Route Mobile had closed 1.05% lower at ₹736.80. The stock is currently trading 54.2% below its 52-week high of ₹1,602.75 and just 0.26% above its 52-week low of ₹732.20, which was hit earlier this week on 15 October 2025.
At present, the company commands a market capitalization of ₹4,624.65 crore, reflecting cautious investor sentiment despite the strategic partnership aimed at expanding its global communication solutions footprint.
BSE Auto Index Continues Winning Streak
The BSE Auto Index remained a bright spot in today’s session, advancing nearly 1% and extending its gains for the second day in a row. The uptrend was supported by consistent buying interest across key auto counters.
Top performers on the Auto Index included:
| Company | CMP (₹) | Change (%) | Volume |
|---|---|---|---|
| Sona BLW Precision | 468.50 | +3.56% | 319.4K |
| Motherson Sumi | 107.50 | +2.53% | 580.98K |
| Bharat Forge | 1,261.50 | +2.31% | 40.39K |
| Tata Motors | 399.05 | +2.12% | 538.22K |
| UNO Minda | 1,231.90 | +1.99% | 16.75K |
| M&M | 3,556.95 | +1.71% | 39.21K |
Other notable gainers included Eicher Motors (+1.45%), Bajaj Auto (+1.43%), and Ashok Leyland (+1.07%). Heavyweights such as Maruti Suzuki, TVS Motor, and MRF also traded with marginal gains, contributing to the sector’s positive momentum.
Analyst Take
Market experts suggest that the Auto sector’s rally is driven by optimism around strong festive season demand, inventory normalization, and new model launches. Meanwhile, Route Mobile’s muted movement despite its partnership announcement points to broader caution in the mid-cap tech and telecom segment amid profit-booking tendencies.
Outlook
Investors are expected to keep a close watch on the Sensex and Nifty’s near-term trajectory, with stock-specific action dominating the market. While Route Mobile’s collaboration with Kalaam Telecom could unlock long-term opportunities in the global communication services space, near-term sentiment remains subdued.
The Auto sector, on the other hand, appears poised to sustain momentum, backed by robust consumer demand and improving supply chain dynamics.
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Disclaimer: This article is based on information available from public sources. It has not been reported by EQMint journalists. EQMint has compiled and presented the content for informational purposes only and does not guarantee its accuracy or completeness. Readers are advised to verify details independently before relying on them.
