Page 10 - Motilal Oswal

Results preview: Yet another healthy showing likely for capital goods in Q3

Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year

Motilal Oswal smallcap collects Rs 1,350 crore during new fund offering

According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000

Reliance biggest wealth creator, Adani Ent top all-round creator: Study

Reliance Industries Ltd was the biggest wealth creator during the five-year period from 2018 to 2023 while Adani Enterprises Ltd was the top all-round wealth creator, according to a study by Motilal Oswal Financial Services. The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged as the largest wealth creator, adding Rs 9,63,800 crore wealth over 2018-23. It was followed by Tata Consultancy Services (Rs 6,77,400 crore wealth addition), ICICI Bank (Rs 4,15,500 crore), Infosys (Rs 3,61,800 crore) and Bharti Airtel (Rs 2,80,800 crore). "A low-profile company, Lloyds Metals, has emerged the fastest wealth creator with 2018-23 price CAGR of 79 per cent," it said. Adani Enterprises Ltd, the flagship incubator firm of the Adani Group, is a close second with a CAGR of 78 per cent. It said Rs 10 lakh invested in 2018 in the top 10 fastest wealth creators would be worth Rs 1 crore in 2023, a return CAGR of 59 per cent. Motilal said

RIL, Lloyds Metals and Capri Global shine, says Motilal Oswal report

Adani Enterprises emerges as top 'all-round' wealth creator from 2018-23

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 joins the small-cap bandwagon with NFO: All you should know

The investment objective of the scheme is to generate capital appreciation by investing predominantly in small-cap stocks.

No material catalysts visible for re-rating of Bosch stock: Motilal Oswal

One way that the company can improve margins is by increasing the localisation content

Brokerages expect revenues to remain under pressure for Asian Paints

Motilal Oswal Research said in its report, "with input costs on the rise, the margin gains in the second half of FY24 are not expected to mirror those seen in the first half of FY24."

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.

Robust Q2, demand trends to put out welcome mat for realty stocks

Further rerating will depend on sustenance of operational outperformance, improving cash flows

Some active funds made hefty bets on Jio Financial amid ETF selling

The report is based on MF portfolio data of only the active market-cap based schemes like largecap, smallcap and multicap

Toast to margins, demand recovery: Liquor firms see buzz after sober Q1

Reversal of fortunes could lift the industry's spirits

Motilal Oswal MF buys Jio Financial Services' shares worth Rs 754 cr

Motilal Oswal Mutual Fund on Friday acquired 3.72 crore shares of Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group, for Rs 754 crore through an open market transaction. According to the bulk deal data available with the NSE, Motilal Oswal Mutual Fund bought 3,72,00,000 shares, amounting to a 0.6 per cent stake in Jio Financial Services. The shares were purchased at an average price of Rs 202.80 apiece, taking the transaction value to Rs 754.41 crore. Shares of Jio Financial Services jumped 3.82 per cent to close at Rs 221.60 apiece on the NSE. Jio Financial Services Ltd (JFSL) listed on the stock exchanges on August 21. On Friday, the market capitalisation of the financial services company stood close to Rs 1.35 lakh crore on the BSE. In a separate transaction on NSE, Ascent Investment Holdings Pte divested a 3.7 per cent stake in Amber Enterprises India for Rs 353 crore through an open market transaction. Amber ...

Motilal Oswal Alternates to raise Rs 2,000 cr realty fund by March 2024

Motilal Oswal Alternates on Thursday said it is targeting to raise Rs 2,000 crore in a realty fund which will primarily lend to residential developers for buying land. This will be the sixth such fund from the platform promoted by the domestic brokerage, and over the last 15 years, it has delivered a return of over 20 per cent to investors, its managing director and chief executive Vishal Tulsyan told reporters. The company is targeting to achieve similar returns from the latest fund as well, he said, adding that while the real estate went through a very difficult phase over the last decade due to aspects like getting it under a regulatory purview, the prospects look much better now. It is primarily targeting to lend to developers looking for funds to purchase land, he said, adding that banks and non-bank finance companies do not engage in this business. The platform plans to raise the money from avenues like high net-worth individuals, domestic institutions and family offices by .

India August retail inflation expected below 7%: Motilal Oswal's Gupta

Retail inflation rose as of last count as prices of vegetables and cereals skyrocketed, beating all market expectations and putting pressure on the government to bring down prices

Motilal Oswal Financial Services' promoters to donate 10% stake in charity

Motilal Oswal Financial Services Ltd (MOFSL) on Friday said its promoters Motilal Oswal and Raamdeo Agarawal will donate 5 per cent each of their stake in the company for charitable purposes. The entire donation amount will be spent in the next 10 years or earlier, MOFSL said in a regulatory filing to stock exchanges. Motilal Oswal and Raamdeo Agarawal will donate 73,97,556 equity shares each of the company. "The company has received an expression of interest/intent, from Motilal Oswal and Raamdeo Agarawal, promoters of the company along with their family members, committing to donate 5 per cent equity shares by each of them aggregating to 10 per cent of total paid-up share capital of the company, towards charitable purposes," the filing noted. On Thursday, the company said it will transfer its broking and distribution business into Glide Tech Investment Advisory by way of slump sales. Glide, a wholly-owned subsidiary of MOFSL, is in the process of changing name to Motilal Oswal ..

Heavy liquidity driving mid-, small-caps: MD, Motilal Oswal Inst Equities

In a Q&A, Rajat Rajgarhia says high growth environment and peaking of interest rates create a fertile ground for equities

Wealth management firms go beyond metros to tap post-Covid surge in demand

Investors from tier-II are increasingly roping in services of wealth managers, as they diversify beyond gold and real estate

India's first micro-cap fund launched; to track Nifty Microcap 250 Index

The stocks in Nifty Microcap 250 Index are generally those that rank between 501 to 750 in the m-cap rankings

Sensex at 100,000? It's possible, believes Chris Wood of Jefferies

The target implies an upside of nearly 62 per cent from the current levels. Wood believes that India remains the best structural story across world markets.