Mobikwik Stock Surges ~15% Amid High Volatility on 26 June 2025

saw sharp volatility today, dropping 6.4% at the open before rebounding to rise ~15% from the previous close and ~23% from the day’s low. The move comes ahead of a major block deal and resembles the March 2025 rally, where the stock jumped ~53% in three sessions after hitting all-time lows. Listed on 18 Dec 2024 at ₹440 (58% above its ₹279 issue price), it had surged to ₹698 but later declined over 67%, breaching both IPO and listing levels. Despite today’s volume-backed recovery, the broader trend remains negative. Unless it sustains above ₹300 and breaks ₹355 post-consolidation, the downtrend prevails. Historical surges, like those on 18–19 March 2025, proved short-lived. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors are advised to consult their certified financial advisor before making any investment decisions.