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India's Route Mobile hits highest in over 2 years



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** Shares of Route Mobile Ltd ROUT.NS rise as much as 15.2% to 1,894.35 rupees, its highest since Jan 17, 2022

** Communication platform provider says its holding co Proximus Group and Microsoft signed a 5-year strategic partnership for collaboration on digital communications and cloud

** Stock on track to snap two days of losses

** More than 2.8 mln shares traded as of 12:59 p.m. IST, 11.8x their 30-day moving avg

** Mean rating of all brokerages rating stock is "buy"; their median PT is 1,780 rupees, 6.4% lower than day's high - LSEG data

** ROUT gained ~17.2% YTD



Reporting by Meenakshi Maidas in Bengaluru

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