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Muthoot Finance declines on reporting 28% fall in Q3 net profit

30 Jan 2014 Evaluate

Muthoot Finance is currently trading at Rs. 122.60, down by 3.45 points or 2.74 % from its previous closing of Rs. 126.05 on the BSE.

The scrip opened at Rs. 125.00 and has touched a high and low of Rs. 127.25 and Rs. 120.25 respectively. So far 103392 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 231.40 on 01-Feb-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. 134.00 and Rs. 124.00 respectively. The current market cap of the company is Rs. 4629.68 crore.

The promoters holding in the company stood at 80.12 % while Institutions and Non-Institutions held 9.73 % and 10.15 % respectively.

Muthoot Finance has reported a fall of 28.07% in its net profit at Rs 194.25 crore for third quarter ended December 31, 2013 as compared to Rs 270.07 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 12.01% at Rs 1195.93 crore for quarter under review, as compared to Rs 1359.18 crore for the quarter ended December 31, 2012.

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.

 

Muthoot Finance Share Price

3572.55 97.60 (2.81%)
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