Muthoot Capital Services is currently trading at Rs 164.90, up by 9.00 points or 5.77% from its previous closing of Rs 155.90 on the BSE.
The scrip opened at Rs. 157.00 and has touched a high and low of Rs. 165.00 and Rs. 157.00 respectively. So far 1243 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 208.00 on 05-May-2015 and a 52 week low of Rs. 122.00 on 09-Sep-2015.
Last one week high and low of the scrip stood at Rs 156.70 and Rs 154.00 respectively. The current market cap of the company is Rs 205.67 crore.
The promoters holding in the company stood at 74.93% while Non-Institutions 25.07%.
In order to grow faster, Muthoot Capital Services is reportedly diversifying aggressively into corporate and SME segments and has set a target of increasing loan book by two-and-a-half times to Rs 2,500 crore this financial year. The company has already crossed Rs 1,000 crore in loan book size in FY16. Meanwhile, the company has posted a rise of 11.71% in its net profit at Rs 6.87 crore for the quarter ended March 31, 2016 as compared to Rs 6.15 crore for the same quarter in the previous year.
Muthoot Capital Services is a Non Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and is listed on the Bombay Stock Exchange. It offers capital market solutions that include leasing & hire purchase, vehicle loans and bonds & deposits among others, with cost-effective value-added services for the benefit of their customers.
