Muthoot Finance Share Price Today
Still, you live with the diurnal stopgap that a stock will go up in value, If you're an equity investor. And if it does n’t, well, also you could be left with a sour taste in your mouth. similar is the case with Muthoot Finance shares. This composition looks at what factors might have led to the downcast trend in share price and why investors should still consider buying shares of Muthoot Finance.
Muthoot Finance preface
Muthoot Finance is one of the leading NBFCs in India with an expansive network of over 4,000 branches. The company offers a range of fiscal products and services including gold loans, foreign exchange, plutocrat transfer, and insurance. Muthoot Finance was innovated in 1939 as a small gold loan business in Kerala. Since also, the company has grown exponentially and moment it's a major player in the Indian fiscal sector. In 2013, Muthoot Finance was listed on the Bombay Stock Exchange. The company has always been at the van of invention and has introduced several assiduity-first products and services similar as gold loans against jewellery, auto loans against gold, and mobile app- grounded gold loan disbursement.
With a strong focus on client service and satisfaction, Muthoot Finance has come one of the most trusted brands in India. The company's share price has also been on an uptrend in recent times, making it an seductive investment option for long- term investors. What's Muthoot Finance? Muthoot Finance is one of the leadingnon-banking fiscal companies( NBFCs) in India. It offers a range of fiscal services including gold loans, foreign exchange, plutocrat transfers, and vehicle finance. Muthoot Finance was innovated in 1939 as a small company in Kerala, India. moment, it has a civil network of over 4,000 branches and serves over 16 million guests. Muthoot Finance is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Muthoot Finance offers golden loans at competitive interest rates. guests can mileage of a loan against their gold jewelry and beautifiers. The loan quantum depends on the value of the collateral( gold jewelry). Muthoot Finance also provides foreign exchange services and plutocrat transfer services. Vehicle finance is another popular product offered by Muthoot Finance. guests can mileage of loans to buy two- wheelers, four- wheelers, and marketable vehicles. The loan quantum and interest rate depend on the type of vehicle and the client's profile. Muthoot Finance is a trusted name in the fiscal services assiduity. It has a strong track record of growth and profitability. The company's shares are extensively held by institutional investors similar as collective finances, insurance companies, and banks.
Share Price of Muthoot Finance?
Muthoot Finance Share Price Today The share price of Muthoot FinanceLtd. rose by2.45 percent to Rs685.10 on the BSE after the company reported a 27 percent increase in its net profit for the alternate quarter that ended September 30, 2016. The Kerala- grounded NBFC said its net profit for the July- September period stood at Rs383.33 crore, over from Rs302.14 crore in the matching quarter last financial. Total income from operations also increased to Rs 2,967.98 crore during the alternate quarter of this financial from Rs 2,459.37 crore in the same period last time. Factors that Affect Muthoot Finance Share Price Muthoot Finance Share Price Today The stock of Muthoot FinanceLtd. traded at Rs 1,322.60 on BSE, over by Rs18.35 or1.40 percent from the former close of Rs 1,304.25. The shares opened at Rs 1,316 and touched an intraday high and low of Rs 1,326 and Rs 1,315 independently. A aggregate of( NSE BSE) shares were traded on the counter till 1600 hours IST.
The company's request capitalization( m- cap) stood at Rs 97,613.48 crore at the time of writing this report. The share price of Muthoot Finance hit a 52- week high of Rs 1424 on March 5, 2019, inintra-day trade after the Reserve Bank of India( RBI) allowed foreign portfolio investors( FPIs) to invest up to 100 in Muthoot Finance Ltd through a secondary request route subject to certain conditions being fulfilled by the company including minimal public shareholding and commercial governance morals. The RBI's decision came after Sebi amended Foreign Portfolio Investors Regulations to increase the investment limit for FPIs in debt securities issued by companies from 9 to 20.
Where to Check the Current Muthoot Finance Share Price? The current Muthoot Finance share price can be checked on the Bombay Stock Exchange( BSE) website. Simply enter “ Muthoot Finance ” in the hunt box and elect the “ Equity ” option. The rearmost share price will be displayed on the screen. You can also check the current Muthoot Finance share price on the National Stock Exchange( NSE) website. Again, simply enter “ Muthoot Finance ” in the hunt box and elect the “ Equity ” option. The rearmost share price will be displayed on the screen. Muthoot Finance Share Market Trend Muthoot FinanceLtd. stock last traded price is965.55 Muthoot FinanceLtd. share price moved up by2.37 from its former close of Rs942.00 The BSE SENSEX is down by-0.10 and the NSE Nifty is down by-0.15 Muthoot FinanceLtd., incorporated in the time 1987, is a Large Cap company( having a request cap of Rs 11,916.47 Crore) operating in the NBFC sector.
For the quarter ended30-06-2020, the company has reported Consolidated deals of Rs3421.53 Crore, up 52136077488112484950315040247043086304071875897231488640000526864000000000317949065618814970920168338096000000078125011557837722175527553925386150314501020030546113921613945143709355468750085678400000000000000045427369362279042816858309269918311523400000000000000000000000000000000000002662061780298546971581626296061846923828125012059520003498058062638089898630504000129699707031250000000000000032994313600000000000000000000000000000000005163269042968750000000000000000 Muthoot Finance Earning Report Muthoot Finance reported a standalone net profit of Rs 1,200.02 crore for the quarter that ended March 31, 2021, up28.42 from Rs937.79 crore reported for the matching period last time. The company's total income rose to Rs 6,541.60 crore for the quarter under review from Rs 5,691.06 crore in the time- ago period. For the full time ended March 31, 2021, Muthoot Finance reported a standalone net profit of Rs 4,425.20 crore, up 26 from Rs 3,509.72 crore in FY20. The company's total income rose to Rs 25,370.69 crore in FY21 from Rs 22,294.75 crore in FY20.
Muthoot Finance Calculator
Muthoot Finance offers a variety of fiscal products and services, including particular loans, business loans, and home loans. The company also offers a range of investment products and services. The Muthoot Finance Calculator is a tool that can help you calculate your yearly loan payments, as well as the total interest you'll pay over the life of the loan. The calculator can be used for both particular and business loans. To use the Muthoot Finance Calculator, simply enter the loan quantum, interest rate, and prepayment period into the fields handed. Once you have entered all of the required information, click on the" Calculate" button to see your results.
The Muthoot Finance Calculator
is a precious tool that can help you determine your yearly loan payments and total interest costs. Use the calculator to make informed opinions about your finances and to find the stylish loan option for your requirements. Muthoot Finance Balance distance Report Muthoot FinanceLtd. is an NBFC company registered with the Reserve Bank of India( RBI). The company offers a range of fiscal services including gold loans, vehicle loans, business loans, casing loans, and foreign exchange. Muthoot Finance's balance distance as on March 31, 2020, showed a net worth of Rs 26,672 crore. The company's total means stood at Rs 60,841 crore while its total arrears were at Rs 34,169 crore. For the time ended March 2020, Muthoot Finance reported a profit after duty( PAT) of Rs 3,005 crore.
Muthoot Finance Share Analysis Muthoot Finance Ltd is an NBFC company furnishing gold loan services in India with its headquarters in Kerala. As of March 2020, the company had a network of 4,441 branches across the country. The company is also engaged in other conditioning similar as plutocrat transfers, foreign exchange, and trip services. The Muthoot Finance share price has been on a roll in the last many times, further than doubling since 2016. The stock touched an each- time high of Rs 1,850 in December 2019 and is presently trading at Rs 1,737. Then’s a detailed analysis of the Muthoot Finance share price
Fundamentals Muthoot Finance
is a well- established player in the gold loan business with a strong presence across India. The company has reported healthy growth figures over the last many times with its loan portfolio expanding at a composite periodic growth rate( CAGR) of 20 between FY16 and FY19. Its net profit has grown at a CAGR of 25 during this period. The company’s focus on pastoral andsemi-urban areas has helped it tap into a large client base that remains substantially untapped by other NBFCs. This on with its low cost of finances has redounded in Muthoot Finance being one of the most profitable NBFCs in India with a return on equity( RoE) of around 30. Growth prospects With the Muthoot finance share price target Muthoot Finance is one of the largest gold backing companies in India. The company offers golden loans and other fiscal services to its guests. The shares of Muthoot Finance are listed on the National Stock Exchange( NSE) and the Bombay Stock Exchange( BSE). The share price of Muthoot Finance has been on a decline in the once many months. still, judges believe that the stock is underrated at current situations and has a positive outlook for the future. They anticipate the share price to reach Rs 1,000 in the coming 12- 18 months. Muthoot finance share price tip
Muthoot Finance Share Price Today
The Muthoot finance share price is trading atRs.918.80 on the BSE moment, up1.02 from the former close ofRs.907.50. The stock has hit an intraday high ofRs. 922 and an intraday low ofRs.915.60. A aggregate of shares have been traded on the BSE so far moment. The tip yield of Muthoot finance stands at0.56. Muthoot finance is one of the leading NBFCs in India with a strong presence in the gold backing business. The company has a network of 4,091 branches across the country with over 16,000 workers.
Conclusion
Muthoot Finance is one of the leading NBFCs in India and its share price moment reflects that. The stock has been on a steady rise over the once many times and looks poised to continue doing so in thefuture.However, Muthoot Finance is surely worth considering, If you are looking for a safe investment with good returns. Muthoot Finance Share
Pros And Cons
Muthoot Finance Share Price Today Muthoot Finance is one of the leading NBFCs in India with a strong focus on the gold loan business. The company has an excellent track record and has been growing at a fast pace. The stock is presently trading at Rs 1,350, over by 3 from its former close. The company reported a strong set of results for the quarter that ended in December 2018. The net profit grew by 28 to Rs 573 crore while the net interest income grew by 25 to Rs 1,206 crore. The asset quality remained healthy with the grossnon-performing means( NPA) rate coming down to0.60. The stock is seductive at current situations given its strong fundamentals and growth prospects.
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