ICICI Securities - Diversification On The Cards: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.ICICI Securities Ltd. is under transition, whereby the company is implementing several strategic initiatives across segments to emerge as a comprehensive financial solutions provider across customer cohorts. The margin norms, the last leg of which was implemented from September 01, 2021, impacted ICICI Securities’ market share. These norms are now behind and the cash volumes have started trending higher (October 2021 cash average daily turnover for the industry was higher by 16% month-on-month). Momentum in client acquisition is expected to continue as ~10 million individuals will get added to India’s working population annually. For ICICI Securities, 50-60% of incremental customers are in the age bracket of 18-25 years, and two-thirds are from tier II and III towns..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Securities - Diversification On The Cards: Motilal Oswal

ICICI Securities - Diversification On The Cards: Motilal Oswal

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