Mobikwik shares slip 5% after company posts net loss against profit YoY

Mobikwik shares slumped 3.2 per cent on Tuesday, logging an intraday low at Rs 385.65 per share on BSE. The selling pressure in the stock came after the company posted its Q3 results.

Around 1:11 PM, Mobikwik share price was down 1.49 per cent at Rs 400.2 per share on BSE. In comparison, the BSE Sensex was up 1.17 per cent at 78,091.81. The market capitalisation of the company stood at Rs 3,109.01 crore. The 52-week high of the stock was at Rs 698.3 per share and the 52-week low was at Rs 366.85 per share.