Motilal Oswal shares jump 9% to 52-week high on strong Q1, restructuring announcement
On Thursday, MOFSL reported strong Q1FY24 numbers with consolidated net profit multiplying nearly 17 times from the year-ago period to Rs 527 crore. Consolidated revenue from operations almost doubled to Rs 1,500 crore. The capital market business reported a strong 63% on-year growth in net profit to Rs 155 crore.
