India, Feb. 19 -- Shares of fintech major MobiKwik surged 6.6% to INR 339.20 apiece on the BSE during intraday trading session today (February 19).

As of 01:01 PM, the stock was last up 2.9% at INR 327.60 per share on the BSE, compared to its previous close of INR 318.30 apiece yesterday (February 18).

Market capitalisation of the company currently stands at INR 2,545 Cr.

The share gains came a day after the stock hit a second consecutive all-time low at INR 310.10 apiece on the BSE.

Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik is a digital banking platform that offers a suite of financial products for both consumers and merchants. It generates revenue by providing consumer payments, buy now pay later (BNPL) and pay...