Mobikwik Shares Rally 15.6% To INR 254.15 

Mobikwik shares pared some intraday gains to close 7.9% higher at INR 237.25 on the BSE, taking the company’s market capitalisation to INR 210 Mn

The stock’s decline began after its weak Q1 results, where net loss widened nearly 535% YoY to INR 41.9 Cr

Ahead of today’s rebound, the stock had already fallen over 10% since the announcement of its Q1 numbers

Shares of fintech company MobiKwik surged as much as 15.6% to INR 254.15 during the intraday trading on the BSE today, snapping a six-session losing…