MobiKwik Shares Drop 6% To Hit All-Time Low

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SUMMARY

The stock was last down 1.4% at INR 307 per share on the BSE, as of 11:38 AM, compared to its previous close of INR 311.20 apiece on Friday

The fintech major acquired an additional 3.39% stake in Blostem for INR 1.5 Cr, MobiKwik said in an exchange filing on Friday

To note, the company’s shares hit its all-time low at INR 314 apiece on February 17

Shares of MobiKwik dropped 5.6% to mark its fresh all-time low of INR 293.60 apiece on the BSE intraday trading session today (February 24), days after acquiring an…



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MobiKwik Shares Drop 6% To Hit All-Time Low


SUMMARY

The stock was last down 1.4% at INR 307 per share on the BSE, as of 11:38 AM, compared to its previous close of INR 311.20 apiece on Friday

The fintech major acquired an additional 3.39% stake in Blostem for INR 1.5 Cr, MobiKwik said in an exchange filing on Friday

To note, the company’s shares hit its all-time low at INR 314 apiece on February 17

Shares of MobiKwik dropped 5.6% to mark its fresh all-time low of INR 293.60 apiece on the BSE intraday trading session today (February 24), days after acquiring an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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