The stock price of NACL has surged 16% to Rs 107.40 in intra-day trade on Monday and zoomed 99% thus far in the month of March.
Cash holdings at 6.8%, highest since at least May 2021
The announcement comes at a time when creditors are tentatively scheduled to vote on the asset redistribution scheme between March 19 and 28
Nabard, Sidbi to tap market this week to raise Rs 17,000 crore; Ireda eyes Rs 2,000 crore via perpetual bonds
The flagship company of Muthoot Group is one of the largest gold loan-focused NBFCs in India