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Bank of India Small Cap Fund Buys 0.57% Stake in MobiKwik; Enigma Fund Buys Eimco Elecon Shares

Moneycontrol reported two separate October 8, 2026 open-market buys: Bank of India Small Cap Fund in MobiKwik and Enigma Small Opportunities Fund in Eimco Elecon.
From TheFinanceBase Team2 min to read
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Bank of India Small Cap Fund reportedly bought a 0.57% stake in One Mobikwik Systems, while Enigma Small Opportunities Fund reportedly acquired a 0.81% stake in Eimco Elecon (India). Moneycontrol reported both as open-market purchases on October 8, 2026. The transactions involved two different companies.

What were the two reported purchases?

Company Reported buying fund Shares bought Paid-up equity Reported consideration Reported purchase price per share Reported closing price and daily move
One Mobikwik Systems Bank of India Small Cap Fund 4.48 lakh 0.57% ₹10.78 crore ₹240.48 ₹244.52, down 4.51%
Eimco Elecon (India) Enigma Small Opportunities Fund 47,141 0.81% ₹10.47 crore ₹2,221.23 ₹2,234.20, down 0.58%

All share counts, stake percentages, consideration, purchase prices, closing prices and daily moves in the table were reported by Moneycontrol News for October 8, 2026. The headline rounded Enigma’s reported 0.81% Eimco Elecon holding to 0.8%. Moneycontrol identified Enigma Small Opportunities Fund as owned by Enigma Investment Partners.

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Who bought MobiKwik shares?

Moneycontrol reported that Bank of India Small Cap Fund purchased 4.48 lakh One Mobikwik Systems equity shares in an open-market transaction on October 8, 2026. The outlet put the purchase at 0.57% of paid-up equity, with a total consideration of ₹10.78 crore and a reported price of ₹240.48 per share.

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What did Enigma buy?

Enigma Small Opportunities Fund reportedly acquired 47,141 shares of Eimco Elecon (India), not MobiKwik, in an open-market transaction on the same date. Moneycontrol reported the holding as 0.81% of paid-up equity, acquired for ₹10.47 crore at ₹2,221.23 per share.

What do the reported closing prices show?

Moneycontrol said One Mobikwik Systems closed at ₹244.52 on October 8, down 4.51% for the session, while Eimco Elecon closed at ₹2,234.20, down 0.58%. These are historical closing figures for that session, not current share prices. A purchase reported at a particular price and a same-day closing move do not, by themselves, establish why a stock moved or what the fund expects from it.

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How firmly are the transactions established?

The deal details are attributed to Moneycontrol’s October 2026 report. A matching exchange bulk-deal record was not located, so the transaction figures should be treated as reported by the outlet rather than independently confirmed here. The report suggested MobiKwik’s fall may have reflected profit booking after a three-day rally; that was a tentative explanation, not a confirmed cause. The two purchases alone also do not establish a broader investment trend or indicate that either fund’s trade is a recommendation for individual investors.

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