Motilal Oswal plans to issue bonus shares

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Motilal Oswal plans to issue bonus shares

(20 second reading) Motilal Oswal Financial Services announced plans to consider a proposal to issue bonus shares at a board meeting on April 26.

At 1.51 pm, Motilal Oswal Financial Services was trading at Rs 2,248.55 on the National Stock Exchange after hitting a 52-week high of Rs 2,269.50. The stock has been on a tear, having doubled its value in the past month. The company bought back shares worth Rs 160 crore between June and July 2022 through the tender offer route.

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