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Growing balance sheet may not be easy for gold loan companies

While firms aim to share of non-gold business, stiff competition may keep growth under check

Topics
Gold Loan Stocks  |  Muthoot Finance  |  Gold Loan

Shreepad S. Aute  |  New Delhi 



Gold

Stocks of (Muthoot) and Manappuram Finance (Manappuram) are down 10-12 per cent in the past one month. Besides overall volatility in the market, lower gold prices and rising competition impacted investor sentiment. These factors may keep a check on stock prices, unless these firms allay market fears with better numbers.

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First Published: Tue, June 19 2018. 06:30 IST

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