MobiKwik Stock Rises on Broker License, Down 44% Since IPO

  Published 11 months ago

Indian fintech MobiKwik gains 2.3% after the regulator approves a stockbroker license for its unit, though shares remain down 44% since the December IPO.

  • ONEM.NS rises 2.3% to 247.15 rupees post approval for MobiKwik Securities as stockbroker.
  • Stock initially traded 0.4% lower before the regulator nod, signaling mixed investor sentiment.
  • Shares down ~44% since market debut on December 18 despite regulatory milestone.

You might like these

Oberoi Realty Q1 PBT Falls 35%

Indian Firms Boost Short, Term Bond Sales

Waaree Energies Q2 FY26 Record Growth

ASICS Boosts India Production, Expands Retail Network

India's PLI Scheme Boosts Self-Reliance & Exports

Crypto Crime Turns Violent: A Rising Threat

Dynabook & Syrma SGS: India Manufacturing Boost

News that matters the most ⚡