Page 2 - Motilal Oswal Financial Services

Food service industry expected to grow by 9% CAGR over FY20-25E: MOFSL

The Indian food service industry (FSI) is expected to grow by nine per cent CAGR over FY20-25E, said Motilal Oswal Financial Services

Devyani International surges 13% on heavy volumes, stock at all-time high

Motilal Oswal Institutional Equities has initiated coverage on Devyani with a Buy rating and target price of Rs 190, driven by KFC's strong brand equity and operating metrics

Investors' wealth tumbles over Rs 4.48 trillion as markets plummet

Investors' wealth tumbled Rs 4.48 lakh crore during day trade on Friday with the BSE benchmark plummeting 1,488 points tracking weak global trends. The 30-share benchmark index tumbled 1,488.01 points during the day to 57,307.08. The market capitalization of BSE-listed tanked Rs 4,48,223.31 crore to Rs 2,61,18,730.57 crore during the day. "Equity markets have plunged almost 2 per cent amid the emergence of a new, highly mutated COVID-19 variant. The EU announced a temporary ban of flights from South Africa and few EU countries are already under full lockdown scenario. "Thus, there is fear of this new variant spreading to other countries which might again derail the global economy," said Hemang Jani, Head of Equity Strategy & Senior Group VP, Broking & Distribution, Motilal Oswal Financial Services. Tata Steel, HDFC, IndusInd Bank and Maruti were the biggest laggards, tanking up to 4.2 per cent. The BSE midcap and smallcap indices were trading up to 2 per cent lower.

Motilal Oswal posts highest-ever quarterly profit of Rs 536 crore

The profit was 81 per cent higher compared to same period of last year. Consolidated revenues grew by 46 per cent to Rs 1,094 crore

'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 gains 4% as brokerage Motilal Oswal raises target price to Rs 1,950

L&T is top pick in the wider Capital Goods sector as a proxy to play India's capex story, the brokerage firm said

Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22

Around two-thirds of overall IPO clients have been onboarded from three states - Gujarat, Rajasthan and Maharashtra

Government spending grew 2% YoY in FY21: Motilal Oswal Financial Services

Terming FY21 as an 'exceptional year' Motilal Oswal Financial Services (MOFSL) in a report say government spending grew 2 per cent last fiscal.

Wipro's $1.45 bn deal with Capco disappoints Street; here's why

Wipro on Thursday said the acquisition will provide it access to 30 new large banking and financial clients and strengthen its position in the BFSI sector

SIS shares rally 9% as firm announces Rs 100 crore buyback plan

he firm has set the buyback price at Rs 550 per share which is 29 per cent higher than its previous close of Rs 426.15

These 25 stocks could give best returns over next 25 years

Returns will be much more modest from here: Motilal Oswal's Raamdeo Agrawal

RAAMDEO AGRAWAL speaks with Vishal Chhabria and Sachin P Mampatta about investing amid uncertainties around the pandemic

Vehicle financing stocks: Rally doesn't price in flattening business growth

Some of the critical customer (bus services) segments, such as tourism, education institutions and offices, and state transport may take time to recover

Analysts slash FY22 profit estimates; telecom, PSU banking firms suffer

An analysis done by Motilal Oswal Financial Services (MOFSL) shows, health care and technology are the only two sectors which have seen an upgrade in FY22 earnings

At 14%, Indian households among the lowest invested in equities globally

Total financial assets of US households, according to the report, amounted to $94 trillion, or around 440 per cent of their gross domestic product (GDP) as at CY19-end.

Govt debt set to hit historic high of 91% of GDP in FY21, says report

General government debt-to-GDP ratio stood at 75 per cent in FY20, according to the report by economists of Motilal Oswal Financial Services

Market recovery fragile; unwise to go for risky gains: Motilal Oswal MD

Raamdeo Agrawal of Motilal Oswal Financial Services cautions the day the market realises that earnings won't come back in a hurry, they will go sideways, or may correct

MOFSL's broking business sees net losses due to negative crude settlement

Company has made provision of Rs 88.96 crore on client receivables

India growth crucial for Torrent Pharma's health amid steep fall in volume

The country accounts for 44% of overall revenues

Motilal Oswal board approves buyback of equity shares up to Rs 150 crore

This will exclude all kinds of transactional and other related costs at a price not exceeding Rs 650 per equity share