Mobikwik at 52 week low

Shares of One Mobikwik plunged as much as 14.6% on Monday to hit their 52-week low of ₹231.1 apiece on the

as anchor investors offloaded their stake after the final lock-in period ended today. Though the share price recovered slightly later in the session to trade 8% lower at ₹249.20 around noon. The stock has corrected by 25% in the past one month and is down 17% from its issue price of ₹279 per share.