 "Gold loan, gold, IIFL, gold jewellery")
The double-digit rally in gold finance stocks — up to 55 per cent so far in calendar year (CY) 2025 — may still have legs, analysts believe.
They suggest investors can consider adding shares of companies like Muthoot Finance and Manappuram Finance at current levels, banking on the likelihood that gold prices will sustain their upward trend.
“Even though gold finance companies’ stocks have seen a meaningful run-up over the past few months, there is still some upside left, as neither gold prices nor market sentiment are expected to reverse anytime soon,” said independent market analyst Deepak Jasani.
On the
