Motilal Oswal Financial Services soars as its arm incorporates wholly-owned subsidiary
Motilal Oswal Financial Services is currently trading at Rs. 851.80, up by 31.15 points or 3.80% from its previous closing of Rs. 820.65 on the BSE.
The scrip opened at Rs. 828.70 and has touched a high and low of Rs. 859.60 and Rs. 828.05 respectively. So far 31134 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1097.00 on 28-Oct-2025 and a 52 week low of Rs. 616.05 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 909.00 and Rs. 814.20 respectively. The current market cap of the company is Rs. 51282.16 crore.
The promoters holding in the company stood at 67.54%, while Institutions and Non-Institutions held 13.06% and 19.41% respectively.
Motilal Oswal Financial Services’ material wholly-owned subsidiary -- Motilal Oswal Asset Management Company (MOAMC) has incorporated its wholly-owned subsidiary i.e. Motilal Oswal Pension Fund Management (MOPF).
The objective of MOPF is to carry on the business of managing pension fund schemes regulated by the Pension Fund Regulatory and Development Authority (PFRDA) or any such statutory/ government authority(ies) established under any statute or by any central/state government. MOAMC has received Letter of Appointment from PFRDA to act as Sponsor of Pension Fund on May 05, 2026.
