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

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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…



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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…



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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