MobiKwik Shares Drop 6% To Hit Fresh All-Time Low

The stock was last down 1.4% at INR 307 per share on the BSE, as of 11:38 AM, compared to its previous close of INR 311.20 apiece on Friday

The fintech major acquired an additional 3.39% stake in Blostem for INR 1.5 Cr, MobiKwik said in an exchange filing on Friday

To note, the company’s shares hit its all-time low at INR 314 apiece on February 17

Shares of MobiKwik dropped 5.6% to mark its fresh all-time low of INR 293.60 apiece on the BSE intraday trading session today (February 24), days after acquiring an…