MobiKwik is raising Rs 572 crore through an IPO to fund business expansion. The company offers online payment solutions and financial services. It has a large user base and strong growth in GMV. However, profitability remains a concern. Investors with a higher risk appetite and long-term horizon may consider the IPO.
Sensex falls 50 points, Nifty above 24,050; Eternal, Sun Pharma, TechM rise 1%
Indian stock markets traded mixed on Monday, with Sensex dipping slightly and Nifty inching higher amidst rising oil prices due to Iran-US tensions. While some