Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target
Shares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target price. The brokerage cited strong AUM growth prospects, recurring revenue expansion, and benefits from India's long-term financialisation trend.
Impacted Stocks
MOTILALOFS — Motil.Oswal.Fin.
▲ Bullish +2.9004%The 'Buy' initiation by top tier global brokerage UBS with a significant upside target provides a clear multi-day fundamental validation. The structural shift toward a higher-margin, recurring revenue AUM model supports a strong positional long setup. Given the momentum, the stock is positioned for a positive bullish continuation over a multi-week swing horizon.
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