"mofsl"

New Delhi: A pickup in Centre’s infra development activities is expected to raise cement demand in January, said Motilal Oswal Financial Services Ltd. (MOFSL). According to MOFSL, cement demand has started picking up from the second half of December 2021 after the volume decline in November 2021. “We estimate that sales volume in December 2021 […]

Accordingly, Motilal Oswal Financial Services said the Indian Tyre industry is expected to clock a 12 per cent CAGR over FY21-25E.

In FY21, India's real GDP contracted 7.3 per cent marking the worst fall in the past seven decades.

New Delhi: India’s banking, financial services and insurance (BFSI) sector along with commodities are expected to drive FY22 earnings, said Motilal Oswal Financial Services (MOFSL) in a report. Accordingly, MOFSL has placed BFSI, IT, metals, and cement in the ‘OW’ (overweight) category in its model portfolio. Besides, it has placed consumer, auto, healthcare, and capital goods […]

"Due to the ferocious second Covid wave, we have revised down our real GDP growth forecasts. Compared with our Mar'21 forecast of 30 per cent YoY, we now expect real GDP growth of 21 per cent YoY in 1QFY22, with some downward revision in 2QFY22 as well,"