Shares of Motilal Oswal Financial Services Limited soared nearly 9.4% today, reaching a new 52-week high of ₹913.45. The stock opened at ₹834.00 and quickly climbed to its peak, showing strong buying interest throughout the trading session.
As of 12:30 PM on October 15, the share price stands at ₹904.50, a significant jump from the previous close of ₹826.80. This rally in the stock has resulted in a market capitalization surge of approximately ₹5,051.76 crore, bringing the total market cap to ₹58,783.23 crore.
Key Trading Highlights:
- Previous Close: ₹826.80
- Current Price: ₹904.50
- 52-Week High: ₹913.45
- Total Traded Volume: 67.32 lakh shares
- Market Cap Gain: ₹5,051.76 crore
Motilal Oswal Financial Services has seen consistent upward momentum, driven by strong investor confidence and positive sentiment in the broader market. The stock is also part of the NIFTY 500 index, indicating its significant presence in the Indian equity markets.
Investors have been bullish on the company’s diversified offerings, ranging from stockbroking, wealth management, and asset management services, making it a favored pick in the financial services space.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
