MobiKwik Shares Rally 9%, Recover From 52-Week Low

SUMMARY

Shares of One MobiKwik Systems rallied over 9% today to reach an intraday high of INR 271.05 on the BSE, erasing all its previous session’s losses

The stock came under heavy selling pressure yesterday, sinking 15% to hit its 52-week low at INR 231.05 on the BSE after expiration of 3-month IPO lock-in period

MobiKwik reported a consolidated net loss of INR 55 Cr in Q3 FY25 as against a profit of INR 5 Cr in the year-ago quarter

Shares of fintech major MobiKwik’s parent One MobiKwik Systems rallied over 9% today to reach an intraday high of INR 271.05 on the BSE, erasing the losses of the previous session. MobiKwik

The stock came under heavy selling pressure yesterday, sinking 15% to hit its 52-week low at INR 231.05 on the BSE after the expiration of three-month IPO lock-in period.Fintech2009GurugramBipin Singh +2$242.7 MnFintech2009GurugramBipin Singh +2$242.7 Mn