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FinTech

MobiKwik Shares Fall 4% To Reach All-Time Low At INR 261.2


SUMMARY

MobiKwik made its Dalal Street debut in December last year at a listing of INR 442.25 on the BSE

However, amid the decline in the Indian equities market over the past few months, shares of MobiKwik have slipped below their IPO price

The fintech company slipped into the red in Q3 FY25, impacted by lower financial services revenue and higher lending-related costs

Shares of MobiKwik slumped as much as 4.18% to INR 261.2 apiece during the intraday trading on the BSE on Tuesday (March 11) to touch a fresh all-time low.

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