Muthoot Finance is currently trading at Rs. 120.25, up by 2.90 points or 2.47% from its previous closing of Rs. 117.35 on the BSE.
The scrip opened at Rs. 117.00 and has touched a high and low of Rs. 121.55 and Rs. 117.00 respectively. So far 26498 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. 73.60 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 124.95 and Rs. 110.50 respectively. The current market cap of the company is Rs. 4460.55 crore.
The promoters holding in the company stood at 80.12% while Institutions and Non-Institutions held 10.58% and 9.30% respectively.
Muthoot Finance, a leading gold financing company is planning to set up 250 white label ATMs in the next three months. In this regard, the company has received Foreign Investment Promotion Board’s (FIPB) and Reserve Bank of India’s (RBI) approval.
The company has also identified locations in two states and intends to operationalise 250 ATMs by December, while the total number of ATMs would go up to 1,000 by the end of September next year.
These ATMs will be deployed at public locations like bus-depots, shopping malls, educational institutions, offices, small kirana stores, cinemas, public parks and even at own branches of the company.
