Page 6 - Muthoot Finance

Stock tips by Nilesh Jain of Anand Rathi: Buy Muthoot Finance, Bandhan Bank

The momentum indicators and oscillators are in the buy mode on the daily scale for Muthoot Finance

Gold Financiers: Investors advised to book profit on these stocks

Risks are similar to loan against property; both are dependent on pricing strength and demand of the underlying assets

Muthoot Finance shares slip 5% after June quarter result; brokerages mixed

For the quarter ended June 2020, Muthoot Finance posted a 53.46 per cent YoY rise in its consolidated net profit at Rs 853.51 crore.

Market Ahead, Aug 17: Top factors that could guide markets this week

More than 200 companies, including PNB, Zee Entertainment, CSB Bank, and Muthoot Finance are scheduled to announce their June quarter earnings this week

Stock picks by Vaishali Parekh of Prabhudas Lilladher: Buy Muthoot Fin, ABB

The stock of ABB has maintained a good base near 890 levels and has picked up momentum to improve the bias

State Bank of India targets 3x growth in retail, MSME gold loans

Cheap deposit money, which helps offer low lending rates, gives banks the edge over gold loan companies

SBI eyes three-fold rise in retail, MSME gold loan business in FY21

To use digital banking platform YONO extensively to cut-down on response time and scale up activity for it

Stay light as Nifty nearing crucial hurdles: Sameet Chavan of Angel Broking

On the downside, a move below 11,100 would lead to immediate correction towards 10,950 - 10,880 levels

Muthoot Finance may get added to MSCI India Index soon: Analysts

Shares of India's largest cash-for-gold lender have surged 71 per cent this year, the third-biggest gain on a gauge of the nation's top 200 firms

Nifty outlook & stock calls by Anand Rathi: Buy Nestle, Muthoot Finance

Momentum oscillator MACD has provided a fresh buy crossover on Nestle's daily chart

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Muthoot Finance to consider stock split, board to meet on July 18

Stock split is a process, in which the company divides its existing shares into multiple shares to boost the liquidity of the shares

Gold finance stocks: Recent rally increases risk; wait for a better entry

Rally factors in strong performance of Muthoot and Manappuram

Muthoot Finance surges 18%, hits new high on robust March quarter results

The company reported a 52.4% jump in consolidated net profit in March 2020 quarter

Muthoot Finance FY20 net profit up 53 pc at Rs 3,018 cr

Ernakulam (Kerala) [India], June 17 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, on Wednesday, reported 53 per cent increase in net profit at Rs 3,018 crore for FY20 as against Rs 1,972 crore in the previous year.

Muthoot Finance hits new lifetime high, zooms over 100% from March lows

In the past week, Muthoot Finance has outperformed the market by surging 9 per cent as compared to 0.45 per cent rise in the S&P BSE Sensex

Street signs: 'Buy the dip' say chartists, rising free-float trade and more

The commentary by technical analysts has moved from 'sell on rallies' to 'buy the dips', with most expecting the bullish momentum, seen over the past three weeks, to sustain

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans

Muthoot Finance to re-open all branches across India from April 20

The branches will function as usual and will adhere to all instructions laid down by the state governments for corporates resuming services from April 20, 2020.

Muthoot Finance slips 7% as Moody's downgrades outlook to 'negative'

Moody's said the Indian NBFC industry has been affected given disruptions to India's economic activity from the coronavirus outbreak, which will weaken companies' credit profiles