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MOTILALOFS Motilal Oswal Financial Services News Story

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FinancialsAdventurousLarge CapMomentum Trap

India's Motilal Oswal Financial jumps on Q2 profit rise

** Shares of Motilal Oswal Financial Services  MOFS.NS 
surge 8.1% to 944 rupees 
    ** Co's Q2 consol profit after tax more than doubles to
11.22 bln rupees ($133.5 mln)
    ** Total rev from ops up 71% Y/Y
    ** Stock eyes busiest trading day in five sessions, over 3.5
mln shares traded 
    ** MOFS snaps two straight sessions of losses
    ** Stock up ~202% YTD


($1 = 84.0480 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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