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In the next 3-4 years, Raamdeo Agrawal, Joint MD at Motilal Oswal, sees industry volume growing to Rs 4 lakh crore per day.
In an interview to CNBC-TV18, Raamdeo Agrawal, joint managing director, Motilal Oswal Financial Services gives his views on the broking company's Q3 results.
Raamdeo Agrawal, director and co-founder, Motilal Oswal Financial Services (MOFS) explains to CNBC-TV18, after the announcement of results, that the company's performance for the quarter till September was quite depressed.
Raamdeo Agrawal, director and co founder, Motilal Oswal Financial Services expects its investment banking (IB) business, which was very bad shape last year, to perform significantly well in the next year.
Motilal Oswal has declared its second quarter results. In an interview to CNBC-TV18, Raamdeo Agrawal, director and co-founder of Motilal Oswal Financial Services said, he hopes that the second half will be better than the first half.
Raamdeo Agrawal the Director and Co-Founder of Motilal Oswal Financial Services said the company's disappointing numbers can be attributed to a shift in volumes towards options which has been leaving a dent in brokerage businesses like theirs.
Prabhudas Lilladher has come out with its earning estimates on financial services sector for the quarter ended March 2011. According to the research firm, Motilal Oswal Financial Services March quarter net sales are expected to go down by 7.8% at Rs 145.7 crore, year-on-year, (YoY) basis.