Muthoot Finance falls after bulk deal

Muthoot Finance fell 1.27% to Rs 182.20 at 12:31 IST on BSE, after a bulk deal of 7.44 lakh shares was executed on the scrip at Rs 183.50 per share at 11:20 IST on BSE today, 13 October 2015.

Meanwhile, the BSE Sensex was down 46.82 points, or 0.17%, to 26,857.29

On BSE, so far 7.54 lakh shares were traded in the counter, compared with an average volume of 22,824 shares in the past one quarter.

The stock hit a high of Rs 185.15 and a low of Rs 181.50 so far during the day. The stock hit a record high of Rs 253.50 on 28 February 2015. The stock hit a 52-week low of Rs 152 on 23 September 2015.

The stock had outperformed the market over the past one month till 12 October 2015, rising 13.95% compared with 5.05% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 9.58% as against Sensex's 2.74% decline.

The mid-cap company has an equity capital of Rs 398.04 crore. Face value per share is Rs 10.

Muthoot Finance's net profit rose 1.7% to Rs 183.16 crore on 4.6% growth in total income to Rs 1142.62 crore in Q1 June 2015 over Q1 June 2014.

Muthoot Finance is the largest gold financing company in India in terms of loan portfolio.

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