Why did Mobikwik shares rise as much as 16% on Monday?
Bhawana Chaudhary, Published on Sep 1st, 2025
Shares of Mobikwik-parent One Mobikwik rose as much as 16% on Monday, rising from Friday's close of ₹219.89 to the day's high of ₹255 on NSE. The stock snapped a six-day losing streak after about 2.2 crore shares changed hands, compared with 20-day average of seven lakh. The startup also posted its consolidated loss rising to ₹41.9 crore in April-June.
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