Hello Lajja
I find Motilal Oswal interesting because it is part of 3 broker owned outfits which moved into capital market activities like Investment banking , asset management etc, others like IIFL and Edelweiss are well known.
Motilal has stayed away from risky lending activities and shored up balance sheet . They may not able to match up to Angel one and Zerodha in terms of technology platform so dont expect leadership here …
In asset management they are working very hard to set up passive management business where a lot of institutional money is going in future.
The icing on the cake will be alternatives business where they have made some good calls and this will bring carry income in future . You need to just hold on an wait for the good days
Their business does not need excessive capital and yet generates steady cash flows
Hope this clarifies to an extent …
Malolan
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