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Buy Motilal Oswal Financial Services: target of Rs 1326: ICICI Securities

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ICICI Securities upgraded its target price for Motilal Oswal Financial Services to Rs 1,326 from Rs 1,024. The rating is based on strong Q2FY27 execution, with operating PAT rising to over INR 7.5bn and recurring revenue share reaching 66%. The firm highlighted growth in asset management and wealth management segments.

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