Profitable growth will be crucial for Mobikwik stock to keep ticking
Tue, Jan 14, 2025 9:57 PM

Profitable growth will be crucial for Mobikwik stock to keep ticking

A Flip by Shubhangi Gupta
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The stock of One MobiKwik has lost nearly 13% since declaring its September quarter result on January 07 following rising customer acquisition costs, fixed costs, and user incentives, which resulted in a net loss for the second consecutive quarter. Earlier, the B2C online payment services provider had a stellar run on the bourses gaining 157% within a week since its listing.

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