Motilal Oswal Financial Services

High loan-deposit ratio not a concern, deposit growth not weak: Report

Latest Reserve Bank of India (RBI) data show bank deposits increased 10.8 per cent year-on-year (Y-o-Y) as of August 9, 2024, which is better than the medium- to long-term average growth

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%

The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.

After Edelweiss, Motilal launches Business Cycle fund: Should you invest?

his fund aims to capitalize on the ups and downs of the economic cycle by investing in companies that are poised to benefit from different stages of the business cycle.

Motilal Oswal Financial Services Q1 result: Profit jumps 52% to Rs 1,021 cr

Motilal Oswal Financial Services Ltd (MOFSL) on Thursday posted its highest-ever quarterly profit of Rs 1,021 crore for the April-June quarter of 2024-25, marking a 52 per cent jump from the year-ago period. The company reported a profit after tax (PAT) of Rs 671 crore in the same quarter preceding fiscal. Revenue from operations surged to Rs 2,312.3 crore in the April-June quarter of the current financial year (FY25) against Rs 1,501.5 crore in the corresponding period of the preceding fiscal, according to an exchange filing. The company's wealth management business posted a PAT of Rs 177 crore, a 69 per cent year-on-year increase. Further, net revenue for the segment grew by 42 per cent year-on-year to Rs 530 crore. Similarly, the asset & private wealth management business recorded a PAT of Rs 157 crore, up 30 per cent from the previous year. Also, net revenues for the business were at Rs 385 crore during the quarter under review, up 32 per cent year-on-year. MOFSL is a ...

Where to invest in markets for the next 1 year? Siddhartha Khemka answers

The Nifty-50 is expected to deliver 12% earnings growth in FY25 over a high base of FY24 (+26 per cent Y-o-Y), said Khemka.

Angel ONE, Motilal, IIFL: Charts hint up to 24% downside for broking stocks

Market outlook July 02: Trading strategies for stock broking firms in India as the Sebi seeks parity on fees, stricter regulations to options trading.

Broking stocks fall up to 11% after Sebi directs MIIs to levy uniform fees

Broking company stocks including Angel One, IIFL Securities, 5Paisa Capital, SMC Global, Motilal Oswal Financial Services and Geojit Financial Services fell in the range of 2-11 per cent

Investment idea: Motilal Oswal bullish on Sun Pharma; check outlook, upside

Sun Pharma, the brokerage said, is building an interesting specialty pipeline (under development) for addressing patient's needs in areas of dermatology, ophthalmology, and onco-dermatology

Motilal Oswal Financial Services shares gain over 7% on bonus proposal

The company's shares ended at Rs 2,236, up 7.4 per cent over the previous close, valuing the company at Rs 33,315 crore

Brokerage firm Groww seals top spot with nearly 23% market share

Rival Zerodha trails, market share slipped to 17.9 per cent

IIFL, Geojit: Brokerage stocks tank up to 40% in 2 mths; Time for pullback?

A retracement of up to 50 per cent of the recent fall, can lead up to 18% rally in shares of IIFL Securities, Geojit and Emkay, show technical charts.

Confidential data breach in Motilal Oswal by ransomware gang LockBit

Last year, the LockBit group also attacked Indian pharmaceutical company Granules India and India's state-owned National Aerospace Laboratories, as per TechCrunch.

Motilal Oswal shares jump 11% after it reported 191% profit growth in Q3

The jump in profit was aided by comparatively lower growth in expenses

Angel One, Motilal: What do charts suggest for brokerage shares in 2024?

Angel One, Edelweiss Financial Services, Motilal Oswal Financial Services and IIFL Securities can potentially rally up to 24 per cent in 2024, suggest charts.

Real estate pre-sales to show robust growth in FY24: Motilal Oswal report

Pre-sales provide visibility to the company's future cash flows and collections and act as critical inputs for developers to strategise and time their new product launches

Motilal Oswal Financial Services Q2 results: Net profit up 4% to Rs 531 cr

Motilal Oswal Financial Services Ltd on Wednesday reported a 4 per cent growth in Profit After Tax (PAT) to Rs 531.2 crore for the September quarter. The company had posted a PAT of Rs 509.3 crore in the year-ago period, Motilal Oswal Financial Services said in a regulatory disclosure to the stock exchanges. Total revenues jumped 30 per cent to Rs 1,416 crore in the quarter under review from Rs 1,087 crore in the year-ago period. "We have delivered a robust performance in the second quarter. Our capital market business has demonstrated remarkable performance, reporting an all-time high quarterly profit and strengthening our retail market share position in the cash and F&O segment to 7.1 per cent and 7.5 per cent, respectively," the company's MD and CEO Motilal Oswal said. Capital market business -- comprising retail broking and distribution -- institutional equities, and investment banking, registered a PAT of Rs 180 crore in the July-September period, registering a growth of 33 ..

Motilal Oswal MF exits Divgi Torqtransfer; sells entire stake for Rs 112 cr

Motilal Oswal Mutual Fund on Wednesday pared its entire stake in Divgi Torqtransfer Systems for Rs 112 crore through open market transactions. Following the stake sale, shares of Divgi Torqtransfer Systems declined 3.53 per cent to close at Rs 1,074.10 apiece on the NSE. According to the bulk deal data available with the National Stock Exchange (NSE), Motilal Oswal Mutual Fund disposed of 10,34,225 shares in two tranches, amounting to 3.38 per cent stake in Divgi Torqtransfer Systems. The shares were offloaded in the price range of Rs 1,080-1,080.29 apiece, taking the combined deal size to Rs 111.71 crore. At the end of the September quarter, Motilal Oswal MF through its Long Term Equity Fund owned 3.38 per cent stake in Divgi Torqtransfer Systems. Meanwhile, ICICI Prudential Mutual Fund bought 6,23,646 shares in three tranches at an average price of Rs 1,080 per scrip. This took the deal value to Rs 67.35 crore.

TCS, Transamerica end $2 billion contract due to macro environment

The 10-year contract, signed in early 2018, involved TCS working with U.S.-based Transameria to enable the digitization of more than 10 million policies into a single integrated platform

HNIs embracing passive funds on under-performance of active funds

High networth individuals (HNIs) are increasingly lapping up passive funds, with their exchange-traded fund asset base registering a 66 per cent growth to Rs 34,000 crore in 2022-23, according to a report on Tuesday. HNIs are informed investors, and hence, use platforms that allow direct investing in passive funds. Moreover, passive investments are comparatively more attractive than active investments owing to their ease of investing, better liquidity, and lower cost. According to a report by Motilal Oswal Financial Services, HNIs' ETF AUM rose to Rs 34,000 crore in FY23 from Rs 20,400 crore in FY22, indicating a surge of 66 per cent. It was at Rs 13,700 crore in 2020-21 and Rs 7,500 crore in 2019-20. Further, HNIs ETF AUM has witnessed a compound annual growth rate (CAGR) of 70 per cent over FY19-FY23. This has resulted in the share of passive AUM (ETFs and Index funds) in the overall asset under management (AUM) increasing to 16.5 per cent in March 2023 from 6 per cent in June ...

HNIs preferring fixed deposits over debt mutual funds, says report

With the debt mutual fund schemes now under the tax ambit, the attractiveness of the product has reduced as High Net worth Individuals (HNIs) are favouring bank fixed deposits (FDs) over such funds, according to a report by Motilal Oswal Financial Services on Thursday. In addition, interest rates on bank deposits have increased significantly over the past one year. This led to HNIs getting inclined towards bank fixed deposits over debt mutual funds, Nitin Aggarwal, Head of BFSI Research at Motilal Oswal Institutional Equities, said. Although HNIs comprehend the advantages of mutual funds over other financial products, past problems in the sector still concern them. The report is based on the inputs of large mutual fund distributors, having an asset under management (AUM) in excess of Rs 1,000 crore, and institutional sales representatives. Going by the report, HNIs have also been preferring PMS (Portfolio Management Schemes) and AIFs (Alternative Investment Funds) as they find mutu