One of many micro-cap shares engaged in offering a Unified Open API and Pockets platform, providing a variety of B2B and B2C monetary, utility, journey, insurance coverage, and e-commerce companies by way of an built-in digital platform. The inventory has jumped 4.56 p.c after partnering with Rhiti Sports activities Group for on-line lotto ticket gross sales and reshuffling FII Stake.
Inventory Value Motion
In Tuesday’s buying and selling session, MOS Utility Restricted’s share jumped to an intraday excessive of 4.56 p.c from the earlier shut of Rs. 307. The inventory opened at Rs. 313.85 and is presently buying and selling at Rs. 312, with a excessive of Rs. 321 and a low of Rs. 300. The market capitalization now stands at roughly Rs. 777.99 crore.
What’s the information?
MOS Utility Ltd, by way of its subsidiary MOS LOG Join, has partnered with Rhiti Sports activities Group’s Spacemantra Options to revolutionize on-line lotto ticket gross sales in India. MOS will function the grasp advertising agent, utilizing its huge community and expertise to make sure safe and quick access. This initiative helps the “Digital India” imaginative and prescient, creating jobs and selling transparency nationwide.
One other information for MOS Utility Restricted is that Albula Funding Fund, a Overseas Institutional Investor (FII), acquired 2.2 lakh shares at a median value of Rs. 306.99 per share. In the meantime, Minerva Ventures Fund, one other FII, offered an equal variety of shares at Rs. 307 per share, indicating a stake reshuffle.
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Enterprise Mannequin and Providers
The corporate provides a variety of companies, together with banking, journey bookings, insurance coverage, utility invoice funds, and cell or DTH recharges. MOS Utility Restricted’s MOS Seva Kendra initiative creates franchise alternatives, inserting one agent per locality to ship companies successfully throughout city and rural areas.
Current monetary outcomes
MOS Utility Restricted’s income has elevated from Rs. 84 crore in H1 FY24 to Rs. 92 crore in H1 FY25, which has grown by 9.52 p.c. The online revenue is down by 16.67 p.c, from Rs. 6 crore in H1 FY24 to Rs. 5 crore in H1 FY25.
Written By – Nikhil Naik
Disclaimer
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