Shares of Muthoot Finance (MFIN) Wednesday surged 10.5 per cent after the company registered a rise of 43 per cent in consolidated net profit for April-June, 2018-19.
The stock surged 9.41 per cent to end at Rs 437.10 on BSE. During the day, it jumped 10.66 per cent to Rs 442.10.
At NSE, shares of the company climbed 10.50 per cent to close at Rs 441.85.
In terms of equity volume, 6.28 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.
Muthoot Finance Wednesday registered a rise of 43 per cent in consolidated net profit at Rs 492 crore in the June quarter.
The company had recorded a net profit of Rs 345 crore in the same quarter of 2017-18.
Total income increased 19 per cent at Rs 1,633 crore in April-June, 2018-19 as against Rs 1,377 crore in the year-ago June quarter.
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