Muthoot Capital Services

The uptick in the stock price came after Muthoot Capital announced that the board has approved the initiation of Registration as Corporate Agents with IRDAI

Proposed NCDs have AA+ rating from ICRA denoting 'high degree of safety'

Under his stewardship, Muthoot Finance achieved new heights of growth and became the market leader in the gold loan industry

The company disbursed two-wheeler loans amounting to Rs 329.9 crore and reported a total disbursement of Rs 347.5 crore during the quarter

In past one year, the stock has outperformed the market by surging 260% against 28% rise in the S&P BSE Sensex

The stock moved higher by 17% to Rs 431, bouncing back 25% from intra-day's low of Rs 344 on NSE.