Muthoot Finance is currently trading at Rs. 310.60, up by 8.10 points or 2.68% from its previous closing of Rs. 302.50 on the BSE.
The scrip opened at Rs. 304.70 and has touched a high and low of Rs. 313.00 and Rs. 304.70 respectively. So far 28636 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 405.35 on 08-Aug-2016 and a 52 week low of Rs. 170.00 on 18-Jan-2016.
Last one week high and low of the scrip stood at Rs. 313.00 and Rs. 285.00 respectively. The current market cap of the company is Rs. 12465.02 crore.
The promoters holding in the company stood at 74.55%, while institutions and non-institutions held 21.36% and 4.09% respectively.
Muthoot Finance is planning to raise up to Rs 1,400 crore through a public issue of non-convertible debentures (NCDs), the subscription for which opens on Tuesday. The NCDs will have face value of Rs 1,000 each, aggregating to Rs 1,300 crore, and unsecured NCDs of Rs 1,000 each aggregating to Rs 100 crore, totalling up to Rs 1,400 crore.
The company will utilise the funds raised through this issue to lending activities of the company. The company will offer 10 investment options for secured NCDs with monthly or annual interest payment or on maturity with effective yield ranging from 8.25 to 9.25% for retail investors.
Muthoot Finance is the largest gold financing company in India in terms of loan portfolio. The company is a Systemically Important Non-deposit taking NBFC. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 914.40 |
| Shriram Finance | 996.00 |
| Aditya Birla Capital | 342.50 |
| Chola Invest & Fin. | 1532.10 |
| Tata Capital | 338.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: