Mobikwik Shares Rally 15.6% To INR 254.15 

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SUMMARY

Mobikwik shares pared some intraday gains to close 7.9% higher at INR 237.25 on the BSE, taking the company’s market capitalisation to INR 210 Mn

The stock’s decline began after its weak Q1 results, where net loss widened nearly 535% YoY to INR 41.9 Cr

Ahead of today’s rebound, the stock had already fallen over 10% since the announcement of its Q1 numbers

Shares of fintech company MobiKwik surged as much as 15.6% to INR 254.15 during the intraday trading on the BSE today, snapping a six-session losing…



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Mobikwik Shares Rally 15.6% To INR 254.15 


SUMMARY

Mobikwik shares pared some intraday gains to close 7.9% higher at INR 237.25 on the BSE, taking the company’s market capitalisation to INR 210 Mn

The stock’s decline began after its weak Q1 results, where net loss widened nearly 535% YoY to INR 41.9 Cr

Ahead of today’s rebound, the stock had already fallen over 10% since the announcement of its Q1 numbers

Shares of fintech company MobiKwik surged as much as 15.6% to INR 254.15 during the intraday trading on the BSE today, snapping a six-session losing…



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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