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Muthoot Finance soars 17% in two days, hits new high on strong Q4 results

Read more about Muthoot Finance soars 17% in two days, hits new high on strong Q4 results on Business Standard. Despite a 10-12 per cent decline in gold prices, Muthooth Finance managed to grow the loan book by 4 per cent quarter-on-quarter ....

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muthoot finance share price: Muthoot Finance plunges 7% after Chairman MG George Muthoot dies


NEW DELHI:
Muthoot Finance shares plunged 7 per cent on Monday after the NBFC s chairman, MG George Muthoot, passed away on Friday evening by falling from the fourth floor of his house.
Muthoot was largely credited for making Muthoot Finance a pan-India company, and the largest gold loan NBFC.
Following the development, the scrip fell 6.57 per cent to hit a low of Rs 1,205 on BSE.
Police received information on Friday at 9:21 pm regarding the admission of MG George Muthoot at a hospital after he fell from the fourth floor of the house, and was later declared dead, a senior officer said. ....

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Stocks in the news: Adani Power, Mphasis, PVR, Muthoot Finance, Cipla and NMDC


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Nifty futures on the Singapore Exchange traded 161 points, or 1.08 per cent, higher at 15,114.50 in signs that Dalal Street was headed for a gap-up start on Monday. Here are a few stocks which may buzz the most in today s trade:
Adani Power: The company has made a Rs 2,600-crore offer to acquire Essar Power MP under the Insolvency and Bankruptcy Code (IBC) rules, according to multiple sources.
Mphasis: Negotiations between Blackstone Group and Carlyle for the biggest technology takeover in India have hit a bump as Mphasis share price continues to soar, people involved in the matter said.
PVR: Multiplex major ....

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