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Muthoot Capital Services trades higher on the bourses

16 Jan 2018 Evaluate

Muthoot Capital Services is currently trading at Rs. 839.00, up by 40.00 points or 5.01% from its previous closing of Rs. 799.00 on the BSE.

The scrip opened at Rs. 849.95 and has touched a high and low of Rs. 904.00 and Rs. 817.00 respectively. So far 115408 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 904.00 on 16-Jan-2018 and a 52 week low of Rs. 221.80 on 28-Feb-2017.

Last one week high and low of the scrip stood at Rs. 904.00 and Rs. 651.30 respectively. The current market cap of the company is Rs. 1388.17 crore.

The promoters holding in the company stood at 62.50%, while Institutions and Non-Institutions held 15.25% and 22.24% respectively.

Muthoot Capital Services has reported over two fold jump in its net profit at Rs 15.70 crore for the quarter ended December 31, 2017 as compared to net profit of Rs 6.44 crore for the same quarter in the previous year.  The total income of the company increased by 50.17% at Rs 105.21 crore for Q3FY18 as compared Rs 70.06 crore for the corresponding quarter previous year.

Muthoot Capital Services is a deposit taking non-banking financial company (NBFC). The company is engaged in financing for purchase of automobiles, including two wheelers, against hypothecation of the respective vehicles, and granting of personal/business loans against demand promissory notes.

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