Thursday, July 29, 2010

Motilal Oswal Asset Management Company (MOAMC)

At MOAMC we use Motilal Oswal’s knowledge based approach to investing to help create wealth for our customers.

Motilal Oswal Mutual Fund is registered with SEBI under Securities Regulations Board of India (Mutual Funds) Regulations, 1996 vide Registration Code MF/063/09/04 dated December 29, 2009.

We have just launched our first Mutual Fund product - MOSt Shares M50 Exchange Traded Fund (An Open Ended ETF) - India's first Fundamentally Weighted ETF Based on Nifty.
To Know More Click here

MOSt Shares M50 ETF to be listed on the NSE on 30th July 2010.

Friday, July 16, 2010

TCS may outperform Infy over 1-2 quarters Raamdeo Agrawal

Tata Consultancy Services may outperform Infosys over the next 1-2 quarters, said Raamdeo Agrawal, Director and Co-founder, Motilal Oswal Financial Services in an interview to CNBC-TV18. He feels it is too early to compare Infosys and TCS based on their Q1 earnings.
Yesterday, TCS’ Q1 FY11 numbers beats street expectations. The company's dollar revenues grow more than 6% while profits fell lesser-than-expected to Rs 1,844 crore. Margin contraction too was much lower than what was estimated.

However, the Q1 FY11 numbers from India's second largest IT services exporter -- Infosys Technologies -- had come in below street expectations earlier this week. Infosys' Q1 FY11 net profit declined 7.98% to Rs 1,488 crore as against Rs 1,617 crore, quarter-on-quarter basis. Revenues jumped 4.27% to Rs 6,198 crore from Rs 5,944 crore. A CNBC-TV18 poll expected net profit and sales at Rs 1,564.5 crore and at Rs 6,213.9 crore, respectively.
Speaking on oil reforms, the market pundit said further oil reforms are likely as long as crude trades below USD 100 per barrel.


Issued on
http://indiaearnings.moneycontrol.com/sub_india/compnews.php?autono=470276