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Shares of fintech major MobiKwik slumped 5.1% to INR 398 intraday on the BSE today (February 3).
The stock shed some loss afterwards to trade 3.96% lower at INR 402.80 at 12:15 PM.
At the above-mentioned time, the company’s market capitalisation stood at INR 3,127.26 Cr while 2.4 Lakh shares were traded by then.
This comes days after MobiKwik launched a full-scale Central Bank Digital Currency (CBDC) wallet and e-rupee (e₹), in collaboration with the Reserve Bank of India (RBI) and Yes Bank.
MobikWik’s fintech counterparts like Paytm…
