Muthoot Finance Share Price Today

Muthoot Finance Share Price Today

If you are an equity investor, you live with the daily hope that a stock will go up in value. And if it doesn’t, well, then you could be left with a sour taste in your mouth. Such is the case with Muthoot Finance shares. This article looks at what factors might have led to the downward trend in share price and why investors should still consider buying shares of Muthoot Finance.

Muthoot Finance Share Price Today

Muthoot Finance Introduction

Muthoot Finance is one of the leading NBFCs in India with an extensive network of over 4,000 branches. The company offers a range of financial products and services including gold loans, foreign exchange, money transfer, and insurance.

Muthoot Finance was founded in 1939 as a small gold loan business in Kerala. Since then, the company has grown exponentially and today it is a major player in the Indian financial sector. In 2013, Muthoot Finance was listed on the Bombay Stock Exchange.

The company has always been at the forefront of innovation and has introduced several industry-first products and services such as gold loans against jewellery, car loans against gold, and mobile app-based gold loan disbursement.

With a strong focus on customer service and satisfaction, Muthoot Finance has become one of the most trusted brands in India. The company's share price has also been on an uptrend in recent years, making it an attractive investment option for long-term investors.

What is Muthoot Finance?

Muthoot Finance is one of the leading non-banking financial companies (NBFCs) in India. It offers a range of financial services including gold loans, foreign exchange, money transfers, and vehicle finance.

Muthoot Finance was founded in 1939 as a small company in Kerala, India. Today, it has a nationwide network of over 4,000 branches and serves over 16 million customers. Muthoot Finance is listed on the Bombay Stock Exchange and the National Stock Exchange of India.

Muthoot Finance offers gold loans at competitive interest rates. Customers can avail of a loan against their gold jewelry and ornaments. The loan amount depends on the value of the collateral (gold jewelry). Muthoot Finance also provides foreign exchange services and money transfer services.

Vehicle finance is another popular product offered by Muthoot Finance. Customers can avail of loans to purchase two-wheelers, four-wheelers, and commercial vehicles. The loan amount and interest rate depend on the type of vehicle and the customer's profile.

Muthoot Finance is a trusted name in the financial services industry. It has a strong track record of growth and profitability. The company's shares are widely held by institutional investors such as mutual funds, insurance companies, and banks.

Share Price of Muthoot Finance?

Muthoot Finance Share Price Today

The share price of Muthoot Finance Ltd. rose by 2.45 percent to Rs 685.10 on the BSE after the company reported a 27 percent increase in its net profit for the second quarter that ended September 30, 2016.

The Kerala-based NBFC said its net profit for the July-September period stood at Rs 383.33 crore, up from Rs 302.14 crore in the corresponding quarter last fiscal.

Total income from operations also increased to Rs 2,967.98 crore during the second quarter of this fiscal from Rs 2,459.37 crore in the same period last year.

Factors that Affect Muthoot Finance Share Price

Muthoot Finance Share Price Today: The stock of Muthoot Finance Ltd. traded at Rs 1,322.60 on BSE, up by Rs 18.35 or 1.40 percent from the previous 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 respectively. A total of 2,49,525 (NSE+BSE) shares were traded on the counter till 16:00 hours IST.

The company's market 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, in intra-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 market route subject to certain conditions being fulfilled by the company including minimum public shareholding and corporate governance norms.

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 search box and select the “Equity” option. The latest 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 search box and select the “Equity” option. The latest share price will be displayed on the screen.

Muthoot Finance Share Market Trend

Muthoot Finance Ltd. stock last traded price is 965.55 

Muthoot Finance Ltd. share price moved up by 2.37 % from its previous close of Rs 942.00 

The BSE SENSEX is down by -0.10 % and the NSE Nifty is down by -0.15 %

Muthoot Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 11,916.47 Crore) operating in the NBFC sector.

For the quarter ended 30-06-2020, the company has reported Consolidated sales of Rs 3421.53 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, up 28.42% from Rs 937.79 crore reported for the corresponding period last year.

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 year-ago period.

For the full year 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 financial products and services, including personal 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 monthly loan payments, as well as the total interest you will pay over the life of the loan. The calculator can be used for both personal and business loans.

To use the Muthoot Finance Calculator, simply enter the loan amount, interest rate, and repayment period into the fields provided. Once you have entered all of the required information, click on the "Calculate" button to see your results.

The Muthoot Finance Calculator is a valuable tool that can help you determine your monthly loan payments and total interest costs. Use the calculator to make informed decisions about your finances and to find the best loan option for your needs.

Muthoot Finance Balance sheet Report

Muthoot Finance Ltd. is an NBFC company registered with the Reserve Bank of India (RBI). The company offers a range of financial services including gold loans, vehicle loans, business loans, housing loans, and foreign exchange.

Muthoot Finance's balance sheet as on March 31, 2020, showed a net worth of Rs 26,672 crore. The company's total assets stood at Rs 60,841 crore while its total liabilities were at Rs 34,169 crore. For the year ended March 2020, Muthoot Finance reported a profit after tax (PAT) of Rs 3,005 crore.

Muthoot Finance Share Analysis

Muthoot Finance Ltd is an NBFC company providing 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 activities such as money transfers, foreign exchange, and travel services.

The Muthoot Finance share price has been on a roll in the last few years, more than doubling since 2016. The stock touched an all-time high of Rs 1,850 in December 2019 and is currently trading at Rs 1,737.

Here’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 numbers over the last few years with its loan portfolio expanding at a compound annual 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 rural and semi-urban areas has helped it tap into a large customer base that remains mostly untapped by other NBFCs. This along with its low cost of funds has resulted 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 financing companies in India. The company offers gold loans and other financial services to its customers. 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 past few months. However, analysts believe that the stock is undervalued at current levels and has a positive outlook for the future. They expect the share price to reach Rs 1,000 in the next 12-18 months.

Muthoot finance share price dividend

Muthoot Finance Share Price Today:

The Muthoot finance share price is trading at Rs. 918.80 on the BSE today, up 1.02% from the previous close of Rs. 907.50. The stock has hit an intraday high of Rs. 922 and an intraday low of Rs. 915.60. A total of 1,006,854 shares have been traded on the BSE so far today.

The dividend yield of Muthoot finance stands at 0.56%.

Muthoot finance is one of the leading NBFCs in India with a strong presence in the gold financing business. The company has a network of 4,091 branches across the country with over 16,000 employees.

Conclusion

Muthoot Finance is one of the leading NBFCs in India and its share price today reflects that. The stock has been on a steady rise over the past few years and looks poised to continue doing so in the future. If you're looking for a safe investment with good returns, Muthoot Finance is definitely worth considering.

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 currently trading at Rs 1,350, up by 3% from its previous 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 gross non-performing assets (NPA) ratio coming down to 0.60%.

The stock is attractive at current levels given its strong fundamentals and growth prospects.


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