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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…
