Muthoot Finance stock hits new high at ₹3,809 on the BSE. Thus far in the calendar year 2025, the stock has zoomed 66 per cent, as against a 8 per cent rally on the Nifty 50.
Muthoot Finance posted robust Q2FY26 earnings driven by higher gold prices and strong AUM growth, but analysts flag risks from yield pressure, NIM compression and regulatory uncertainty
The Nifty MidCap index can surge near 25,000-mark; whereas, midcap stocks such as AIA Engineering, Alkem Labs, Muthoot Finance, ICICI Prudential Life and UPL can rally another 22%, suggest tech charts
In the past six months, Nifty Midcap 150 index has outperformed the market by surging 10 per cent, as against 5.3 per cent rally in the Nifty 50.
Shares of gold-loan providers Muthoot Finance and Manappuram Finance trade at key supports on the charts; face over 11% downside risk. Also check outlook on Titan and other jewellery-related stocks.
Technical charts suggest that shares of gold loan firms, which have surged over 50% so far in 2025, could rally another 17% from here; while a likely mixed outlook for jewellery makers and sellers.
CCL Products, GMDC, Zydus Wellness, Anand Rathi Wealth and Syrma SGS Technologies among others from the BSE 500 and Nifty 500 index also registered new all-time highs in Friday's trading session.
The expanding market for gold backed loans in India - amid a shift in borrower preference towards gold loans - should benefit gold finance companies, analysts said.
Gold loan companies stocks in focus: Muthoot Finance, Manappuram Finance can rally up to 19%; while IIFL Finance faces a 9% downside risk; suggests technical charts.
Muthoot Microfin Ltd has reported a 95 per cent decline in net profit to Rs 6 crore for the first quarter ended June 2025, mainly due to a surge in bad loans. In contrast, the non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 113 crore a year ago. Its total income also declined to Rs 559 crore during the quarter from Rs 664 crore in the year-ago period. The total expenses increased to Rs 553 crore against Rs 517 crore in the same quarter a year ago. The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday. Similarly, its net NPA (net of Stage III provision) also jumped to 1.58 per cent from 0.71 per cent in the first quarter of the preceding fiscal.
The NCDs offer flexible tenures from 24 to 72 months with monthly, annual, and cumulative payouts and aim to raise up to Rs 290 crore within the Rs 2,000 crore shelf limit
Muthoot Finance and Manappuram Finance have gained up to 19% thus far in June after RBI eased norms on small-ticket gold loans. Technical charts hint that these stocks can potentially rally 32% more.
RBI's revised guidelines are structurally positive for small-ticket credit lenders like Muthoot and Manappuram Finance, believe market analysts.
Shares of Muthoot Finance rose nearly 7 per cent on Friday after the government asked RBI to ensure small borrowers are not affected
Technical chart shows that Muthoot Finance stock has broadly held the 200-DMA support for the last two years, since May 2023. Here's what may possibly happen next.
Muthoot Finance stock fell as much as 5.22 per cent during the day to ₹2,142 per share, the biggest intraday loss since April 11 this year
Muthoot Finance share price: In past one year, Muthoot Finance shares have gained 30 per cent as against Sensex's rise of 7 per cent
Technical chart shows that Muthoot Finance and Manappuram Finance have retraced from their record highs levels with select momentum oscillators hinting towards a likely consolidation ahead.
The interim dividend, the company said, will be paid to the shareholders within 30 days from the date of declaration
The Reserve Bank of India has proposed new rules to streamline gold loan practices, aiming to bring more transparency and control as lending in this segment grows rapidly.