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Muthoot Capital Services Ltd Q2FY22 loss at Rs 8 08 crore

Muthoot Capital Services Ltd Q2FY22 loss at Rs 8 08 crore
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Muthoot Capital Services Limited completed transaction of ₹ 121 09 crores through securitization of portfolio

Muthoot Capital Services Limited completed transaction of ₹ 121 09 crores through securitization of portfolio
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Muthoot Capital Services Ltd Q1FY22 loss at Rs 15 04 crore

Muthoot Capital Services Ltd Q1FY22 loss at Rs 15 04 crore
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Financials shares fall

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 60.21 points or 0.78% at 7637.9 at 13:49 IST. Among the components of the S&P BSE Finance index, Union Bank of India (down 8.33%), PNB Housing Finance Ltd (down 4.93%),SBI Cards & Payment Services Ltd (down 4.89%),Cholamandalam Investment & Finance Company Ltd (down 4.37%),Angel Broking Ltd (down 3.37%), were the top losers. Among the other losers were Computer Age Management Services Ltd (down 3.31%), Aditya Birla Money Ltd (down 3.16%), ICICI Prudential Life Insurance Company Ltd (down 2.86%), Shriram City Union Finance Ltd (down 2.79%), and Motilal Oswal Financial Services Ltd (down 2.59%). On the other hand, Cholamandalam Financial Holdings Ltd (up 5.7%), Muthoot Capital Services Ltd (up 5.39%), and Equitas Holdings Ltd (up 4.3%) moved up.

Financials stocks edge lower

Financials stocks were trading in red, with the S&P BSE Finance index decreasing 33.57 points or 0.44% at 7643.47 at 13:48 IST. Among the components of the S&P BSE Finance index, Dewan Housing Finance Corporation Ltd (down 4.84%), Muthoot Finance Ltd (down 2.35%),Bajaj Finance Ltd (down 2.06%),Equitas Holdings Ltd (down 2%),Shriram Transport Finance Company Ltd (down 1.71%), were the top losers. Among the other losers were Manappuram Finance Ltd (down 1.68%), Repco Home Finance Ltd (down 1.66%), CSB Bank Ltd (down 1.66%), BF Investment Ltd (down 1.61%), and Muthoot Capital Services Ltd (down 1.5%). On the other hand, Indian Overseas Bank (up 10%), Bank of Maharashtra (up 9.82%), and Bank of India (up 7.41%) turned up.

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