Comments
Motilal Oswal Financial Services shares jumped over 12% on the BSE today. The buying interest in the counter was seen in the backdrop of recent earnings report for the second quarter.
At 12.20 pm, the stock was seen quoted higher by Rs 77.10, or 12.45%,to Rs 696.15 on the BSE today.
In a filing to the BSE, The financial services firm said its net profit has increased to Rs 142.29 crore as compared to Rs 3.07 crore (unaudited) shown during the corresponding quarter last fiscal. Sequentially, for the June ended quarter, the firm had shown 132.04 crore in net profit.
The revenue for the quarter has improved due to 'Fee and Commission Income", which rose to Rs 379.17 crore.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.