Five Global Investors Buy Into Small-Cap Stock MOS Utility – Shares Surge With Multibagger Returns

MOS Utility Ltd has caught the attention of investors after five foreign institutional investors (FIIs) bought stakes in the small-cap stock. The stock price of MOS Utility has more than doubled since July 2024 and grown nearly four times in the past year, delivering multibagger returns to investors.

According to NSE bulk deal data, on September 26, 2024, five FIIs—Saint Capital Fund, AG Dynamic Funds Ltd., Minerva Ventures Fund, Nexpact Ltd., and Bridge India Fund—acquired stakes in the company. Saint Capital Fund purchased 15,40,000 shares, AG Dynamic Funds bought 2,69,600 shares, and Bridge India Fund picked up 5,49,600 shares.

Recently, MOS Utility Ltd also made headlines by signing an agreement to acquire 51% of Samvriddhi Inclusive Growth Network, a company focused on financial inclusion and services across India through a network of agents.

MOS Utility provides various fintech and utility payment services to both businesses and consumers. In September, Minerva Ventures Fund and Saint Capital Fund purchased shares of MOS Utility at an average price of ₹285.94 and ₹285, respectively.

To further promote financial inclusion, MOS has teamed up with popular actor Nawazuddin Siddiqui, whose relatable personality aligns with the company’s mission. Through this partnership, MOS aims to highlight how its services make financial solutions accessible to people across India, bridging the financial gap and fostering economic growth.