One MobiKwik share price advances 8% on heavy trading volumes; details here

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One MobiKwik share price advances 8% on heavy trading volumes; details here - Business Standard

Quick Summary:

By 11:30 AM, over 0.81 million shares worth Rs 21.27 crore were traded on the BSE, while the National Stock Exchange (NSE) saw over 13.53 million shares worth Rs 355.

At 11:43 AM, One MobiKwik shares were trading 7.21 per cent higher at Rs 266.25.

The financial services business pain seems to have bottomed out, said analysts, with near term growth to be led by ZIP EMI products (DLG backed) & monetisation of its new financial products (Wealth AUA up 11% QoQ).