One MobiKwik jumps after Bank of India Small Cap Fund buys stake

One MobiKwik Systems rose 3.11% to Rs 251.90 after Bank of India Small Cap Fund purchased 0.57% stake of the company through a bulk deal on the NSE on 8 October 2026.

The fund bought 4,48,582 shares, or 0.57%, at an average price of Rs 240.48 per share, taking the total transaction value to approximately Rs 10.79 crore.

The stock has gained 28.42% over the past month. It has advanced 37.84% over six months and 8.76% year-to-date. However, the stock has declined 12.09% over the past year.

One MobiKwik Systems (MobiKwik) is India's largest digital wallet offering a comprehensive range of payments and financial products to consumers and merchants. MobiKwik today serves 193 million registered users and 5.02 million merchants through products including MobiKwik Wallet, UPI, Pocket UPI, and Zaakpay (payment gateway). The company has expanded into financial products spanning credit (ZIP EMI, MCA), savings and investments (fixed deposits, mutual funds, digital gold, Lens.AI).

On a consolidated basis, the company reported a net profit of Rs 7.62 crore in Q1 FY27 as against a net loss of Rs 41.92 crore in Q1 FY26. Revenue from operations for the period under review was Rs 281.48 crore, up 3.73% YoY.

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