Buy J K Lakshmi Cement; target of Rs 675: Motilal Oswal
Motilal Oswal is bullish on J K Lakshmi Cement has recommended buy on the stock with a revised price target (PT) of Rs. 675 in its research report dated February 03, 2022.04-02-2022
04-02-2022
Brokerages have 'Buy' rating on this multibagger stock post Q3 results
Motilal Oswal has Buy recommendation on the multibagger stock that has rallied over 183% in a year28-01-2022
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Announcement under Regulation 30 (LODR)-Investor Presentation
This is with reference to our earlier letter(s) dated January 20, 2022 regarding Earnings Conference Call with Institutional Investor(s)/Analyst(s) for discussing Q3FY2021-22 Financial Performance of the Company. In this regard, please find enclosed herewith the Presentation to be made to Investor(s) /Analyst(s). Further, the said Presentation along with con-call transcript will be made available at the Company's website i.e. www.motilaloswalgroup.com. Kindly take the same on record.27-01-2022
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Corporate Action-Board approves Dividend
Pursuant to the provisions of Regulations 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform the Exchange that Board of Directors ('Board') of the Company at its meeting held on January 27, 2022 has, inter alia, declared an Interim Dividend on the Equity Shares of the Company for the Financial Year 2021-22 at the rate of Rs.7/- per Equity Share on the face value of Re. 1/- each, out of the profits of the Company. Further, pursuant to Regulations 42 of the Listing Regulation, the Board has fixed the record date as February 04, 2022 for the purpose of payment of Interim Dividend and the said Interim Dividend will be paid to the equity shareholders, whose names appear in the Register of Members/ Beneficial Owners of the Company as on February 04, 2022.27-01-2022
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Board Meeting Outcome for Declaration Of Interim Dividend And Intimation Of Record Date
Pursuant to the provisions of Regulations 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform the Exchange that Board of Directors ('Board') of the Company at its meeting held on January 27, 2022 has, inter alia, declared an Interim Dividend on the Equity Shares of the Company for the Financial Year 2021-22 at the rate of Rs.7/- per Equity Share on the face value of Re. 1/- each, out of the profits of the Company. Further, pursuant to Regulations 42 of the Listing Regulation, the Board has fixed the record date as February 04, 2022 for the purpose of payment of Interim Dividend and the said Interim Dividend will be paid to the equity shareholders, whose names appear in the Register of Members/ Beneficial Owners of the Company as on February 04, 2022. The said Interim Dividend would be paid to all the equity shareholders of the Company on or before February 24, 2022.27-01-2022
Q3FY22 Quarterly Result Announced for Motilal Oswal Financial Services Ltd.
Banking and Finance company Motilal Oswal Financial Services declares Q3FY22 result: Motilal Oswal Financial Services reports highest ever operating PAT of Rs 2.33 bn, +92% YoY in Q3FY22 and Rs 5.49 bn, +58% YoY in 9MFY22. Declares highest ever interim dividend of Rs 7 per share Most of our businesses have delivered strong and sustainable performance in Q3FY22 and 9MFY22. Our Asset under Advisory (AUA) has crossed Rs 3 tn mark led by all-time high AUM across AMC, Wealth and Distribution businesses. We have on-boarded Digital Head, Mr Vipul Nirwani (ex-Amazon, McKinsey) in Broking & Distribution business. Also, we have on-boarded Mr Ravikumar (Ex MD Vastu) on Housing Finance board. Our Net worth has touched all time high at Rs 53.8 bn. Capital Markets – Highest ever broking revenue and profit in Q3FY22 & 9MFY22, business has delivered consistent growth in profits over last several quarters, growth in client addition led by traction in digital acquisition channel, 92% YoY growth in ADTO, 20 bps QoQ rise in market share, strong growth in active clients, Investment banking mandate pipeline started fructifying. Asset Management– Highest ever AUM, gross & net sales gaining traction, strong response to AIF offerings, increase in SIP addition, continued traction in our international passive offerings. IREF V has raised Rs 10.9 bn. Our largest ever PE growth fund, IBEF-IV has achieved its 1st close at Rs 27 bn within 5 months of launch. It has a target size of Rs 45 bn. Home Finance – Strong pick-up in disbursements, traction in login/sanction pipeline, expansion in sales force and sharp reduction in cost of funds driving margin expansion. Consolidated net worth is at all-time high at Rs 53.8 bn, net debt is Rs 46 bn. Excluding Home finance, net debt is Rs 23.3 bn. Total D/E stood at 1x. Ex-MOHF D/E stood at 0.6x. Net of investments, we have a net cash balance sheet. RoE for 9MFY22 stands at 31%. The board has declared highest ever Interim dividend of Rs 7 per share (FV Re 1/share). Result PDF27-01-2022
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Unaudited Financial Results (Consolidated And Standalone) For The Quarter & Nine Months Ended December 31, 2021
Pursuant to the provisions of Regulation 33, Regulation 52 and Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') (as amended from time to time), we hereby inform the Exchange that the Board of Directors ('Board') of the Company at its Meeting held on Thursday, January 27, 2022 has, inter alia, approved the Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter and nine months ended December 31, 2021. In this regard, please find enclosed herewith the Unaudited Financial Results (Consolidated and Standalone) for the quarter & nine months ended December 31, 2021 along with Limited Review Report(s) issued by the Statutory Auditors and Press Release for the quarter & nine months ended December 31, 2021.27-01-2022
Buy ANGEL One; target of Rs 1900: Motilal Oswal
Motilal Oswal is bullish on ANGEL One recommended buy rating on the stock with a target price of Rs 1900 in its research report dated January 18, 2022.24-01-2022
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Fixes Record Date for Interim Dividend
Motilal Oswal Financial Services Ltd has informed BSE that the Company has fixed February 04, 2022 as the Record Date for the purpose of Payment of Interim Dividend, if declared.21-01-2022
MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform the Exchange that the Company will hold Earnings Conference Call with Investor(s)/Analyst(s) on January 28, 2022 at 11.00 A.M., to discuss financial performance for Q3FY 2021-22. The dial-in details are given below along with Diamond Pass Link: Universal Access: (+91 22) 6280 1118, (+91 22) 7115 8019 Diamond Pass Link https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=5536963&linkSecurityString=1671ccc586 Further, the Investor/Analyst Presentation will be uploaded on the Company's website at www.motilaloswalgroup.com. Kindly take the same on record.20-01-2022