One Mobikwik Experiences High Volatility Amid Declining Investor Participation in Fintech Sector

One Mobikwik Systems Ltd, a small-cap player in the Financial Technology (Fintech) sector, has emerged as one of the most active equities today, with a total traded volume of 18,090,311 shares and a total traded value of approximately Rs 43.07 crore. The stock opened at Rs 232.00, reflecting a loss of 5.52% from the previous close of Rs 245.55. However, it has shown resilience, reaching an intraday high of Rs 260.50, marking a 6.09% increase during the trading session.
Despite opening lower, One Mobikwik has outperformed its sector by 4.68% and has gained 9.4% over the last three days, indicating a positive trend in its recent performance. The stock has experienced high volatility today, with an intraday volatility of 7.05%. It has traded within a wide range of Rs 30.75, with a day’s low of Rs 229.75.

Investor participation appears to be declining, as evidenced by a delivery volume of 2.19 lakh shares on June 25, which is down 72.21% compared to the five-day average. Nevertheless, the stock remains liquid enough for trades of Rs 0.8 crore, based on 2% of the five-day average traded value. Overall, One Mobikwik's performance today reflects significant activity and volatility within the small-cap fintech space.