Fintech firm MOS Utility gains on partnership with India Post

MOS Utility

11/07/2024 05:21

** Shares of MOS Utility  MOSU.NS  rise as much as 4.9% to
204.7 rupees, highest since May 32
    ** The fintech co's unit received master franchisee license
from India Post to provide postal services across India
    ** The partnership will provide access to postal services in
remote areas, reducing the need for travel to a post office
branch
    ** Stock eyes fifth consecutive session of gains, on track
to snap four weeks of losses
    ** Stock up 21% so far this month


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))