MobiKwik share price jumps 14% on 31x volume surge - Will bullish momentum continue? Check support, resistance levels
New Delhi, Oct. 6 -- One MobiKwik Systems shares jumped nearly 14% on Tuesday, October 6, amid a sharp increase in trading activity. The stock witnessed a significant surge in volumes compared with its recent averages, while the fintech company's co-founder Upasana Taku also recently increased her stake through open-market purchases.
The stock climbed as much as 13.7% to Rs.229.55 on the BSE. As of 12:09:48 IST, 2,73,20,170 shares had changed hands, which was 30.86 times the average volume over the past week and 21.68 times the average volume over the past two weeks. The traded value stood at Rs.61,484.04 lakh.
The sharp move has added to MobiKwik's recent gains. The stock has risen 16% in one week, 18% in one month, 13% in three months...
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