Muthoot Capital slides after weak Q1 numbers

Muthoot Capital Services fell 3.66% to Rs 525 at 10:33 IST on BSE after the company's net profit fell 22.4% to Rs 13.58 crore on a 26.3% rise in total income to Rs 143.98 crore in Q1 June 2019 over Q1 June 2018.

The result was announced after market hours yesterday, 29 July 2019.

Meanwhile, S&P BSE Sensex was up 129 points or 0.34% at 37,815.37.

On BSE, 60 shares were traded in Muthoot Capital Services counter, compared to a 2-week average of 8,588 shares. The stock hit an intraday high of Rs 533.45 and an intraday low of Rs 512, which is also 52-week low for the counter. It hit a 52-week high of Rs 1,300 on 31 July 2018.

 

Muthoot Capital Services is a deposit taking non-banking financial company (NBFC).

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