 "The company is now valued at $7 billion, a size that may spur MSCI to include the stock in its gauge at the quarterly review due in August")
Shares of Muthoot Finance rallied 8 per cent to hit a new high of Rs 1,533 on the BSE in intra-day trade on Thursday after the firm reported a strong set of numbers for the quarter ended March (Q4FY21) with healthy business growth and improved asset quality. With today's gain, the scrip has surged 17 per cent in two trading days.
Muthoot Finance, the largest gold financing company in India in terms of the loan portfolio, registered an increase in net profit of 22 per cent year-on-year (YoY) at Rs 995 crore in Q4FY21. The assets under management (AUM) for the
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