Motilal Oswal stock zooms 109% within 3 months; marketcap tops Rs 62,000 cr

Quick Summary:

At 02:38 pm; with a marketcap of Rs 62,392 crore MOFSL was quoting 12% higher backed by a combined volume of 14.14 million equity shares on the NSE and BSE.

Given volatility in the financial market business, such as private wealth, asset management and wealth management, its volume could see a certain moderation.

Shares of Motilal Oswal Financial Services (MOFSL) hit a new high of Rs 1,063.40, soaring 14 per cent on the BSE in Friday’s intra-day trade amid heavy volumes on expectations of healthy earnings.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Debt instruments India Ratings and Research Private Limited India Ratings Market capitalisation Motilal Oswal Financial Services share Outlook Asset management MOFSL Wealth management Private wealth Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 15:00:35 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 818 words

Reading Time: 5 minutes read

Sentences: 28 lines

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Copyright Owner: © Business Standard

News ID: 23117584

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