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MOTILALOFS Motilal Oswal Financial Services News Story

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FinancialsAdventurousLarge CapMomentum Trap

India's Motilal Oswal Financial Services hits 16-month low

** Shares of financial services co Motilal Oswal Financial
Services  MOFS.NS  fall as much as 1.57% to 702.2 rupees, mark
sharpest intraday pct loss since Oct. 7
    ** Stock hits lowest level since May 14, 2021
    ** On track for a second consecutive session of loss
    ** More than 46,000 shares change hands by 0745 GMT vs
30-day avg of 86,294 shares
    ** All 3 analysts covering the stock have a "buy" or "strong
buy" rating; median PT is 1,000 rupees - Refinitiv data
    ** Stock down 22.09% YTD, as of last close
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))

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