Page 6 - Motilal Oswal

Brokerages lower Reliance's FY23 earnings estimates after Q1 miss

While Street is bullish on retail, Jio prospects, near-term O2C outlook led to cuts

ICICI Securities June quarter results rained on by overcast broking biz

ICICI Securities client growth moderated to 27.7 per cent to 450,000, while active customers rose only 5.3 per cent QoQ to 3.2 million

Tata Communications: Ongoing supply-side headwinds to hurt near term

Original equipment manufacturer (OEM) lead time issues, which had worsened during the April-June quarter, rose four times as compared to the earlier 12-16 weeks.

TCS Q1 results to set stage for IT earnings

Tata Consultancy Services is set to announce its June quarter earnings today. Find out what analysts expect from TCS results, and what could be the road ahead for the company.

Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank

It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers

Allowing MFs to launch passive ELSS a welcome step: Motilal Oswal AMC

SEBI allowed mutual funds to launch passively managed ELSS, though with a caveat that mutual funds can have either an actively-managed ELSS scheme or passively-managed one, but not in both categories

Strong chemicals business outlook likely to support the SRF stock

This could aid overall profitability, even though other segments may see margin moderation

Motilal Oswal net profit falls 35% to Rs 300 crore in March quarter

Brokerage house Motilal Oswal Financial Services on Thursday reported a 35 per cent fall in net income at Rs 300 crore in the three months to March, even though its revenue grew by 21 per cent to Rs 1,100 crore. The company had posted a net income of Rs 461 crore in the year-ago period. For the full year, the company, which also has a home loan arm, reported a 33 per cent uptick in revenue at Rs 4,051 crore and earned a net income of Rs 1,310 crore, which is a growth of 4 per cent. All business continues to demonstrate stellar performance during the quarter and the full year, said managing director & chief executive Motilal Oswal. While capital market business profit grew 68 per cent year-on-year, assets and wealth management profit rose 31 per cent, led by 14 per cent growth in AMC, 116 per cent growth in wealth management, and private equity business net income grew by 46 per cent while housing finance business reported highest-ever profit, he added. Motilal said its cash-cow ..

Q4 expectations: Price hikes may help FMCG firms report higher sales

Volumes to remain under pressure as rural demand continues to be weak

Muted fourth-quarter show to may cap upsides for Avenue Supermarts

Growth in the quarter has largely come from store additions

Motilal Oswal gives 'buy' call for HDFC Bank, pegs target price at Rs 2K

Shares of HDFC and HDFC Bank rose as high as 14 per cent and 11 per cent, respectively, during the opening session on Monday.

Foreign investors likely to return to Indian equities soon: Chris Wood

Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)

Motilal Oswal AMC suspends ETF unit creation in two schemes

However, ETF units continue to trade on the BSE and the NSE and investors may buy or sell ETF units on the stock exchanges

Market Wrap: Sensex ends record-breaking year with a bang; up 22% in 2021

Indigo Paints zooms 16% after brokerage firm Motilal Oswal gives Buy rating; SmallCap Responsive Industries zooms 65% in 3 days on FY22 half-yearly turnaround

Motilal Oswal cuts FY23 growth forecast to 6.3% amid growth 'uncertainty'

The estimate is lower than the market consensus of 7.6 per cent, and the RBI's more optimistic 8-8.5 per cent, Motilal Oswal said

Reliance Industries largest wealth creator in 2016-21, says Motilal Oswal

Top 100 firms created Rs 71 trillion of wealth in the past five years, according to the study

Signs of capital goods sector returning to normalcy despite negative CAGR

The strong stock price momentum is now backed by improving fundamentals

Motilal Oswal logs best-ever quarterly net profit at Rs 536 crore

Motilal Oswal Financial Services on Thursday reported Rs 536 crore in consolidated net profit for the quarter to September, a full 81 per cent growth year-on-year and the highest ever quarterly profit

'We're at the beginning of a new bull cycle', says Motilal Oswal

'The current market cycle can be compared with (the one from) 2003 to 2008 that laid the foundation for growth', says Oswal

L&T Infotech surges 10%, nears record high on robust Q2 results

The company reported the strongest sequential revenue growth of 8.9 per cent in constant currency terms during the July-September quarter