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Muthoot Finance hits new lifetime high, zooms over 100% from March lows

In the past week, Muthoot Finance has outperformed the market by surging 9 per cent as compared to 0.45 per cent rise in the S&P BSE Sensex

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Since May 22, the stock has rallied 25 per cent in 14 trading sessions

SI Reporter Mumbai
Shares of Muthoot Finance gained 3 per cent and hit a new high of Rs 995 on the BSE on Thursday in an otherwise range-bound market. The gold finance company's stock was trading higher for the third straight day and has surpassed its previous high of Rs 954, touched on February 25, 2020.

In the past week, Muthoot Finance has outperformed the market by surging 9 per cent as compared to 0.45 per cent rise in the S&P BSE Sensex. It zoomed 109 per cent from its 52-week low of Rs 477, touched March 24, 2020.

However, the