India's Motilal Oswal hits record high on bonus share issue plan
** Shares of Motilal Oswal Financial Services MOFS.NS rise
as much as 4.8% to a record 2,185.25 rupees
** MOFS to consider issue of bonus shares when the board
meets on April 26
** Stock last up 2.6%, on track for third straight session
of gain
** Trading volume nearly twice the 30-day moving average
** Stock up ~72% YTD after gaining ~81% in 2023
(Reporting by Kashish Tandon in Bengaluru)
((kashish.tandon@thomsonreuters.com))
Recent news on Motilal Oswal Financial Services
See all newsIndia's Motilal Oswal rises as UBS initiates coverage with 'buy'
Brief: Motilal Oswal Financial Services March-Quarter Consol Net Loss 2.21 Billion Rupees
Brief: Motilal Oswal Financial Services Says Unit Entered Into An Agreement With Asian Development Bank
India's BSE, brokerage stocks slide as RBI tightens bank lending to capital markets (updated)
Indian bourse, brokerage stocks drop after cenbank tightens capital market lending norms