Mobikwik recover after block deal, but analyst sees limited upside
Mobikwik rebounded 15% after a block deal worth ₹168 crore, recovering 23% from intraday lows. Analyst Akhilesh Jat said volume-led rallies mirror past unsustained spikes. He sees the broader trend as bearish, warning fresh entries remain risky unless the stock decisively crosses ₹300-355. YTD, its down 54%.