Motilal Oswal’s Textile Investment and Market Moves in Finance Sector
Motilal Oswal Financial Services Ltd has made a strategic foray into the textile sector, acquiring a significant stake in Kusumgar Ltd for ₹100 crore. The MOVE signals diversification beyond traditional financial services, targeting synthetic fabric manufacturing—a sector with potential growth synergies.
Aditya Birla Capital Ltd strengthened its balance sheet with ₹1,095 crore raised through NCDs, demonstrating institutional confidence in India's financial markets. Meanwhile, Crisil's acquisition of McKinsey PriceMetrix expands its wealth management analytics capabilities, leveraging a $8 trillion AUM database.