MobiKwik shares surges 14% on heavy trading volumes, stock rallies 52% in six sessions

Mobikwik share price

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26 Aug, 2025 12:21

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The shares of One Mobikwik Systems rallied 14 percent on September 8, extending gains for the second consecutive session. The stock has now jumped more than 52 percent in September so far.

The shares of the company hit an intraday high of Rs 334 apiece today, the highest level seen by the stock in more than four months. The stock later pared some gains to close nearly 11 percent higher at Rs 324.99 apiece.

MobiKwik shares have been in focus after key shareholder Abu Dhabi Investment Authority (ADIA) exited its stake in the payments solutions provider via block deals on September 1. According to block deal data on the National Stock Exchange (NSE), ADIA sold 16.44 lakh equity shares of Mobikwik at an average price of Rs 238.45 per share, taking the total deal value to Rs 39.21 crore.

The number of shares offloaded represents 2.1 percent of Mobikwik’s outstanding equity, which matches ADIA’s stake as per the June quarter shareholding pattern.

Apart from ADIA, Peak XV Partners (9.92 percent), Cisco Systems (1.54 percent), and American Express Travel Related Services Company Inc. (1.34 percent) are among the prominent public shareholders in Mobikwik. Other foreign portfolio investors include Government Pension Fund Global (3.01 percent), Societe Generale (1.2 percent), and Citigroup Global Markets (1.12 percent).

While the stock is down around 46 percent in 2025 so far, it has gained nearly 20 percent in the past six months. The sharp rise in the share price today comes on the back of heavy trading volumes.

The stock is still down more than 53 percent from its 52-week high of Rs 698.30 apiece, which it had hit in December last year after its market debut. It is however up more than 48 percent from its 52-week low of Rs 219.20 apiece, recorded in August this year.

Also read: Our LIVE blog on stock market updates

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