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MobiKwik Shares Rally 15% On Block Deal Buzz

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SUMMARY

Shares of MobiKwik rallied close to 15% on the BSE today (On June 26) hitting its peak at INR 282.65 apiece

The stocks of the fintech major surged after 8.98% equity worth INR 168 Cr changed hands in a block deal

Net1 Applied Technologies Netherlands BV, a subsidiary of South Africa’s Net1 UEPS Technologies, was looking to offload 8% of its stake in MobiKwik

Shares of One MobiKwik Systems Limited, the parent entity of fintech major MobiKwik, rallied close to 15% on…

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