NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.Nirmal Bang ReportWe met with the management of Motilal Oswal Financial Services Ltd.Key takeaways from the meeting are:Established franchise in Capital Markets: With 4 million clients, 2,500 plus advisors and 6500 employees as of Q3 FY24, the Motilal Oswal group is rapidly growing through raw material-led expansion in its Broking and Asset Management businesses. Targeting growth across avenues: Expanding into tier-II/III cities in Wealth Management besides scaling up on the alternative investment fund side and gradually improving margins as operating leverage plays out is a key driver for profitability.Housing business needs time to turn around: While Motilal Oswal is making significant investments in the franchise and is sufficiently capitalised to sustain growth, its housing business is likely to see higher credit costs over the near term and remains a key monitorable.Click on the attachment to read the full report:Value Unlocking Is At The Core Of Tata Motors' Demerger PlanDISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.Users have no license to copy, modify, or distribute the content without permission of the Original Owner.