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SUMMARY
With this, the stock has fallen almost 12% compared to its IPO issue price of INR 279
Notably, shares of MobiKwik declined over the preceding four trading sessions after the finance ministry dismissed reprt around imposing MDR on UPI transactions
MobiKwik’s net loss surged to INR 56.03 Cr in Q4 FY25 from a loss of INR 67.1 Lakh in the same quarter last year
Shares of MobiKwik
slumped as much as 9.8% to INR 243 intraday today following the end of the six-month lock-in period for pre-IPO shareholders.
According to…
