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Muthoot Finance s consolidated loan assets under management grew 7% YoY to ₹65,085 crore in Q3FY23 as against ₹60,896 crore in the same quarter last year. ....
Muthoot Finance Q2 Results: The Kerala-based lender's consolidated loan assets under management increased five per cent on a sequential basis to Rs 60,919 crore. ....
Muthoot Finance shares jump 4%; analysts see up to 34% upside after Q3 results SECTIONS Last Updated: Feb 10, 2021, 10:18 AM IST Share Synopsis The NBFC on Tuesday reported a 22 per cent jump in standalone profit after tax at Rs 991.4 crore for the December quarter compared with Rs 815.2 crore for the year-ago quarter. Agencies INSIGHTS NSE Explore Now NEW DELHI: Muthoot Finance shares climbed 4 per cent in Wednesday s trade as brokerages raised their price targets for the scrip following the company s better-than-expected financial results for the December quarter. The new targets suggest a potential upside of up to 34 per cent over Tuesday s price. With credit risk a structural non-issue and medium-term super-normal profitability, Edelweiss Securities said Muthoot Finance remains its top pick among NBFCs. It said that the company is on track for 25 per cent loan growth in FY21 and noted that the management has marked 15 per cent mediu ....