Shares of Motilal Oswal Financial Services continued to face strong selling pressure, falling sharply for the second consecutive day. On Monday, the stock dropped as much as 4.9 percent to ₹660.15 on the BSE, deepening the two-day decline to a total of 12.6 percent.
The sharp fall came after Motilal Oswal Financial Services reported a quarterly loss of ₹63 crore, marking its first loss in five years. The unexpected loss caught investors off guard, triggering a wave of profit booking and caution across the trading community.
This disappointing financial performance has significantly dampened sentiment around the stock, which had previously been seen as a steady performer in the financial services sector. Market participants were particularly surprised because the company had managed to maintain profitability even through challenging periods in the past.
The recent decline reflects growing investor concerns about the company’s short-term earnings stability and future growth prospects. With Motilal Oswal Financial Services posting a loss after a strong track record of consistent profits, many investors are re-evaluating their outlook on the stock.
At ₹660.15, the share price is trading near its recent lows, signaling the pressure the stock has been under since the earnings announcement. Analysts and investors will be closely watching the company’s next steps to regain financial stability and restore market confidence.
The coming days will be crucial for Motilal Oswal Financial Services as it attempts to reassure investors and work towards a recovery.
