BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Report
Motilal Oswal Financial Services Ltd.'s strong growth in derivative average daily trading volumes (39.5% QoQ) bolstered capital markets adjusted profit after tax 52.1/53.1% YoY/QoQ.
An improvement of 0.3/9.7% YoY/QoQ in quarterly average assets under management meant that asset management company's adjusted profit after tax recovered 20.9% QoQ.
Management continues to increase provisioning (up 52.0% QoQ), resulting in a 30.7% QoQ decline in Motilal Oswal Home Finance Ltd.'s profit before tax.
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