MobiKwik Extends Rally For Second Session, Surges 12.4% Today

Share via:


SUMMARY

Abu Dhabi Investment Authority sold 16.44 Lakh equity shares of Mobikwik for a deal value of around INR 39.21 Cr

In Q1 FY26, the company’s net loss surged nearly 535% YoY to INR 41.9 Cr in Q1 FY26, though it narrowed 25.2% sequentially from INR 56 Cr

Its shares currently are just 4% below the issue price and nearly 61% lower than its 52-week high of INR 698.30

Continuing its rally for the second straight day, shares of MobiKwik surged 12.4% to INR 266.85 during the…



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.

Popular

More Like this

MobiKwik Extends Rally For Second Session, Surges 12.4% Today


SUMMARY

Abu Dhabi Investment Authority sold 16.44 Lakh equity shares of Mobikwik for a deal value of around INR 39.21 Cr

In Q1 FY26, the company’s net loss surged nearly 535% YoY to INR 41.9 Cr in Q1 FY26, though it narrowed 25.2% sequentially from INR 56 Cr

Its shares currently are just 4% below the issue price and nearly 61% lower than its 52-week high of INR 698.30

Continuing its rally for the second straight day, shares of MobiKwik surged 12.4% to INR 266.85 during the…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

swiggy: Food delivery sector will surpass 20% growth over...

India’s food delivery sector, which had been growing...

Rumor Replay: iPhone Fold, AirPods Pro 3 features, and...

This is Rumor Replay, a weekly column at...

Apple Watch Ultra 3 leaks ahead of ‘Awe Dropping’...

Apple is gearing up to showcase the much-awaited...

Popular

IPTV Portugal IPTV Portugal IPTV Portugal IPTV Portugal weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes weight loss recipes recipe recipe recipe fsdhgs ffsdgs fgags fgdffs ssd fdsdfg ffdvgfag 432 342 11324 iptv iptv iptv iptv iptv
IPTV IPTV IPTV IPTV IPTV IPTV IPTV IPTV