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ADIA Nets INR 39 Cr After Exiting MobiKwik Amid Mini Rally

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SUMMARY

The investor sold its stake via open transactions valuing it one share of MobiKwik at INR 238.45 apiece

About 5 Lakh shares offloaded were lapped up by BoFA Securities for INR 12.2 Cr while the rest were bought by Musigma Securities for INR 28 Cr

MobiKwik’s shares ended today’s trading session up 7.94% at INR 237.25

Amid fintech major MobiKwik’s gains today (September 1), Abu Dhabi Investment Authority (ADIA) has laid off its entire stake of 16.44 Lakh shares or 2.1%…

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