Motilal Oswal Financial shares rise 10% after strong Q3 results
after close1 source ↓written by the desknot a recommendation
- Financial Services surged
- 10.5%
- following the announcement
- ₹808.80
- in consolidated net
- 58% increase
- for the December
- ₹721 cr
- net revenue rose
- 11.3%
Shares of Motilal Oswal Financial Services surged 10.5% to ₹808.80 following the announcement of its Q3 earnings. The company reported a 58% increase in consolidated net profit to ₹721 cr for the December quarter, driven by growth in its assets and private wealth management business. Total net revenue rose 11.3% to ₹1,497 cr.
Not investment advice. For informational purposes only.