Motilal Oswal Financial Services rises as its arm expands branch network in Haryana

Motilal Oswal Financial Services is currently trading at Rs. 824.90, up by 1.65 points or 0.20% from its previous closing of Rs. 823.25 on the BSE.

Motilal Oswal Financial Services
Motilal Oswal Financial Services

The scrip opened at Rs. 828.00 and has touched a high and low of Rs. 836.10 and Rs. 824.00 respectively. So far 1931 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1188.00 on 19-Jul-2021 and a 52 week low of Rs. 726.80 on 24-Aug-2021.

Last one week high and low of the scrip stood at Rs. 856.60 and Rs. 816.00 respectively. The current market cap of the company is Rs. 12390.11 crore.

The promoters holding in the company stood at 69.50%, while Institutions and Non-Institutions held 13.71% and 16.78% respectively.

Motilal Oswal Home Finance (MOHFL), a subsidiary of Motilal Oswal Financial Services, has opened its new branch in Kaithal Haryana.

MOHFL wishes to exclusively & aggressively meet the housing finance needs of lower &middle income (LMI) groups and, in the process, pave the way to meaningfully contribute toward the Government of India’s ambitious goal of ‘Housing for all by 2022’.

MOHFL offers affordable home loans for purchasing or constructing a house within a 50km radius of the Kaithal branch.

Motilal Oswal Financial Services offers a range of financial products and services, such as wealth management, retail broking and distribution, institutional broking, asset management, commodity broking, private equity, investment banking, and principal strategies.

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