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Muthoot Finance shines on reporting 8% rise in Q3 net profit

14 Jan 2013 Evaluate

Muthoot Finance is currently trading at Rs. 229.80, up by 13.50 points or 6.24% from its previous closing of Rs. 216.30 on the BSE.

The scrip opened at Rs. 216.00 and has touched a high and low of Rs. 231.90 and Rs. 214.75 respectively. So far 3, 99,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 246.00 on 03-Jan-2013 and a 52 week low of Rs. 105.70 on 25-May-2012.

Last one week high and low of the scrip stood at Rs. 233.70 and Rs. 215.00 respectively. The current market cap of the company is Rs. 8,541 crore.

The promoters holding in the company stood at 80.12% while Institutions and Non-Institutions held 10.50% and 9.38% respectively.

The company has reported 7.65% rise in its net profit at Rs 270.07 crore for the quarter as compared to Rs 250.87 crore for the same quarter in the previous year. Total income of the company has increased by 10.93% at Rs 1365.26 crore for quarter under review as compared to Rs 1230.76 crore for the quarter ended December 31, 2011.

Muthoot Finance is a non-deposit taking systemically important non-banking finance company (NBFC). It is primarily in the business of lending against used household gold jewellery to individuals

Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.05
Chola Invest & Fin. 1770.45
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