India, Feb. 24 -- Shares of MobiKwik dropped 5.6% to mark its fresh all-time low of INR 293.60 apiece on the BSE intraday trading session today (February 24), days after acquiring an additional stake in Blostem Fintech Private Limited.

The stock was last down 1.4% at INR 307 per share on the BSE, as of 11:38 AM, compared to its previous close of INR 311.20 apiece on Friday (February 21).

The fintech major acquired an additional 3.39% stake in Blostem for INR 1.5 Cr, MobiKwik said in an exchange filing on Friday.

To note, the company's shares hit its all-time low at INR 314 apiece on February 17.

The company's market capitalisation currently stands at INR 2,373.71 Cr.

(The story will be updated soon.)

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