Shares of MAS Financial Services Ltd surged nearly 5% on Wednesday, July 16, trading at ₹330.30 on NSE at 9:48 AM — up ₹14.75 from the previous close of ₹315.55 — following news that Nippon India Mutual Fund acquired a significant stake in the company through a bulk deal.
The stock hit a day’s high of ₹329.90 and a low of ₹322.30, within its 52-week range of ₹220.06–₹329.90. At this level, the company’s market capitalization stood at around ₹59.70 billion, with a P/E ratio of 18.80 and an average trading volume of about 158,900 shares.
Nippon India MF bulk deal
On July 15, Nippon India MF bought 20 lakh shares of MAS Financial at a price of ₹305 each, amounting to a transaction value of approximately ₹61 crore, according to NSE data. The seller, Business Excellence Trust III, offloaded the same number of shares at the same price.
As per the March 2025 shareholding pattern, Business Excellence Trust III held about 6.69% stake in MAS Financial. After this transaction, its stake has come down to around 5.5%. Meanwhile, Nippon India MF, which already owned about 5.29% through its Small Cap Fund, has further increased its holding.
Company overview & performance
MAS Financial, an NBFC based in Gujarat, serves micro, small, and medium enterprises and underserved individuals across India. The stock closed 2.55% higher at ₹315.15 on July 15 and has gained 7.95% in the past year and about 39% over five years.
In Q4 FY25, the company posted a net profit of ₹80.8 crore, up 18.7% YoY, and net interest income grew by 33.8% to ₹224.5 crore from ₹167.8 crore in the year-ago period, highlighting its steady financial growth.
Investor sentiment turned positive today after the bulk deal underscored institutional confidence in the company’s prospects, driving the stock to new highs.
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