Ola Electric, Mobikwik shares fall sharply amid stock market’s bear run

March 17, 2025

, By The Economic Times

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As Dalal Street struggles to cope with a bear hug, new-age stocks such as Mobikwik and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/ola”>Ola Electric have suffered a significant loss of value. Meanwhile, IT stocks continue to be laggards due to the uncertainty triggered by factors in the US.

Mobikwik

Shares of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/one-mobikwik-systems” target=”_blank”>One MobiKwik Systems, the parent company of digital payments provider MobiKwik, sank as much as 15% in early trade on Monday, hitting a fresh 52-week low of Rs 231.05. This is due to the expiration of a three-month lock-in period on nearly 46 lakh shares, or 6% of the company’s outstanding…

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Ola Electric, Mobikwik shares fall sharply amid stock market’s bear run

March 17, 2025

, Published By The Economic Times

As Dalal Street struggles to cope with a bear hug, new-age stocks such as Mobikwik and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/ola”>Ola Electric have suffered a significant loss of value. Meanwhile, IT stocks continue to be laggards due to the uncertainty triggered by factors in the US.

Mobikwik

Shares of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/one-mobikwik-systems” target=”_blank”>One MobiKwik Systems, the parent company of digital payments provider MobiKwik, sank as much as 15% in early trade on Monday, hitting a fresh 52-week low of Rs 231.05. This is due to the expiration of a three-month lock-in period on nearly 46 lakh shares, or 6% of the company’s outstanding…

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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Previous News

Meet Whitney Wolfe Herd, the visionary returning as Bumble’s CEO

Next News

TiE Mumbai conducted its Hall of Fame – Excellence inEntrepreneurship & Enablers of the Entrepreneurial Ecosystem

The Economic Times

More like this

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