One MobiKwik jumps after Bank of India Small Cap Fund buys stake
Mumbai, Oct. 9 -- The fund bought 4,48,582 shares, or 0.57%, at an average price of Rs 240.48 per share, taking the total transaction value to approximately Rs 10.79 crore.
The stock has gained 28.42% over the past month. It has advanced 37.84% over six months and 8.76% year-to-date. However, the stock has declined 12.09% over the past year.
One MobiKwik Systems (MobiKwik) is India's largest digital wallet offering a comprehensive range of payments and financial products to consumers and merchants. MobiKwik today serves 193 million registered users and 5.02 million merchants through products including MobiKwik Wallet, UPI, Pocket UPI, and Zaakpay (payment gateway). The company has expanded into financial products spanning credit (ZIP EM...
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