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Investments in Indian Equity and Research => Indian Economy, Macro, RBI Policies => Topic started by: pawankumar on April 23, 2010, 06:54:00 PM

Title: Motilal Oswal-Investment advice!
Post by: pawankumar on April 23, 2010, 06:54:00 PM

Motilal Oswal has recommended a `Buy` on Axis Bank with a price target of Rs 1,360 in its report dated Apr. 20, 2010.

Axis Bank`s posted 4QFY10 PAT of Rs 7.6 billion (up 32% YoY), which is higher than our estimate of Rs6.6b, led by lowerthan- expected provisions.

Title: Re: Motilal Oswal-Investment advice!
Post by: pawankumar on May 03, 2010, 05:21:13 PM

Motilal Oswal Financial Services has reported a profit after tax of Rs 50.2 crore for the quarter ended March 31, a jump of 157 per cent from the corresponding period in the previous financial year.