India's Motilal Oswal Financial jumps after qtrly profit surge

Motilal Oswal Financial Services

26/04/2024 10:44

** Shares of Motilal Oswal Financial Services  MOFS.NS 
climb nearly 9% to 2,678.10 rupees after March-qtr results
    ** MOFS says qtrly consol profit surges over four-fold to
7.23 bln rupees ($86.76 mln)
    ** Stock set to advance for third straight session, if
levels hold
    ** More than 1.2 mln shares trade in stock's most active
session since late Jan
    ** Stock more than doubled YTD vs Nifty financial services
index's  .NIFTYFIN  0.7% decline
     
($1 = 83.3316 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))