Motilal Oswal Financial Services believes that the company is very well placed to continue to outpace industry growth and gain market share.
Overall, the jewelley sector has seen an approximately 8 per cent revenue CAGR during FY19-24, reaching Rs 6,40,000 crore in market value, with the organised segment growing at 18-19 per cent
The MACD - a key momentum oscillator has turned favourable for these 5 Nifty MidCap stocks, with charts indicating a likely upside of up to 15% ahead.
The Board of Directors, on May 9, had fixed the Record Date as Monday, June 10, 2024, for the purpose of the Bonus Issue
Thus far in the calendar year 2024, the stock price of MOFSL has appreciated by 76 per cent
Shares of oil marketing companies such as HPCL, BPCL and IOCL have corrected 9-18 per cent since mid-Feb as the gross marketing margins on petrol and diesel have declined
Motilal Oswal Financial Services on Monday said it plans to raise up to Rs 1,000 crore by issuing non-convertible debentures (NCDs) through public issue. The company proposes to raise through the Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,000 each for an amount up to Rs 500 crore (Base Issue Size), with a green shoe option of up to Rs 500 crore, cumulatively aggregating up to Rs 1,000 crore. There are eight series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and at maturity interest options. Effective annual yield for NCDs ranges from 8.85 per cent to 9.70 per cent per annum, Motilal Oswal Financial Services said in a regulatory filing. At least 75 per cent of the funds raised through this issue will be used for the purpose of meeting working capital requirement and repayment of existing liabilities and the balance amount would be utilised for general corporate purposes
Cybercrime group LockBit had claimed the attack on MOSL on its dark web site, according to a report by news portal TechCrunch
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
Emkay Global zoomed 20% to Rs 107.49, its highest level since May 2022 on the BSE, after reporting a consolidated PAT of Rs 9.69 crore in Q2FY24 against a loss of Rs 1.78 crore in Q1FY24
As on Friday, the value of the shares pledged by Oswal and Agarawal stands at Rs 1,216 crore
Upsides from current levels may be capped due to higher valuations
The current account deficit may have widened to 3.4% of the gross domestic product in the first quarter against a surplus of 0.9% a year ago
Simpolo group said that it would aim to use the funds to increase the market share and grow penetration in the market, both domestic and international
Studying the results of corporates tracked by it, Motilal Oswal said that BFSI sector has driven 124% of the incremental year-on-year (YoY) earnings growth during the 1QFY23 which was largely subdued
'Now valuations have become more reasonable and trade at long-term averages. More importantly, there are palpable signs of peak inflation behind us'
Angel Broking, IIFL Securities, Aditya Birla Money, Geojit Financial, Edelweiss Financial, Motilal Oswal Financial and ICICI Securities gained between 4% and 15% on the BSE
Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier
MCX is considering interim measures to handle negative pricing on Nymex and the impact on its platform
Exchange says cannot ascertain the date by which this would be achieved at this point in time