๐ Motilal Oswal Share Price Surges by 20% Today ๐
๐ Motilal Oswal Financial Services Limited saw a significant increase in its share price today, with the stock rising to โน719.95 on the BSE after a 20% surge. This marks the company’s 52-week high.
๐ The company was trading ex-bonus yesterday, offering bonus shares for the first time. Stockholders will receive 3 bonus shares for every 1 share held, with the record date set for June 10, 2024.
๐ฐ On Tuesday, June 11, 2024, the share price continued to climb, reaching โน658 with a 0.29% increase in trading.
๐ Over the past six months, the company’s share price has increased by 113%, making 2017 a standout year. Since then, the shares have risen by 187%.
๐น The share price of Motilal Oswal Financial Services has seen a rapid growth of 299% in the past year, reflecting the company’s strong performance.
๐ธ In the last quarter, the company reported a net profit of โน724.60 crores, a significant increase from the previous year. The net profit has grown by 334% year-on-year, totaling โน2141.30 crores.
๐ Additionally, the company recorded a remarkable 108% increase in revenue from January to March, showcasing its continued financial strength.
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