Page 3 - Gold Financing Companies

Muthoot Fin: Gold financiers take hard knock; stay put for now, say experts

Given the uncertainties in the market, analysts suggest incumbent investors should stay put in the stock, even as new investors may buy on further dip.

Muthoot Finance raises $550 mn at 4.4% from international bond markets

Second bond issue from the firm after it placed $450 mn for 3-year tenor at 6.13% in Oct 2019

Muthoot Finance: Decoding the glitter and growth of the gold financier

At Rs 36,620 crore m-cap, the stock displaced AU Small Finance Bank, PNB and Shriram Transport among notable names

Gold finance stocks doing well, but await correction before investing

A healthy loan growth and asset quality should help protect return on assets, but these may be priced in

Higher gold prices keep the shine intact for major gold financiers

The average gold price in the September 2019 quarter, so far, is now up 11.5% from the June quarter

More shine left in gold financing companies

With interest returning to gold, Muthoot Finance and Manappuram Finance are among biggest beneficiaries