Page 9 - Muthoot Finance

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Muthoot Finance to consider stock split, board to meet on July 18

Stock split is a process, in which the company divides its existing shares into multiple shares to boost the liquidity of the shares

Gold finance stocks: Recent rally increases risk; wait for a better entry

Rally factors in strong performance of Muthoot and Manappuram

Muthoot Finance surges 18%, hits new high on robust March quarter results

The company reported a 52.4% jump in consolidated net profit in March 2020 quarter

Muthoot Finance FY20 net profit up 53 pc at Rs 3,018 cr

Ernakulam (Kerala) [India], June 17 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, on Wednesday, reported 53 per cent increase in net profit at Rs 3,018 crore for FY20 as against Rs 1,972 crore in the previous year.

Muthoot Finance hits new lifetime high, zooms over 100% from March lows

In the past week, Muthoot Finance has outperformed the market by surging 9 per cent as compared to 0.45 per cent rise in the S&P BSE Sensex

Street signs: 'Buy the dip' say chartists, rising free-float trade and more

The commentary by technical analysts has moved from 'sell on rallies' to 'buy the dips', with most expecting the bullish momentum, seen over the past three weeks, to sustain

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans

Muthoot Finance to re-open all branches across India from April 20

The branches will function as usual and will adhere to all instructions laid down by the state governments for corporates resuming services from April 20, 2020.

Muthoot Finance slips 7% as Moody's downgrades outlook to 'negative'

Moody's said the Indian NBFC industry has been affected given disruptions to India's economic activity from the coronavirus outbreak, which will weaken companies' credit profiles

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

Muthoot Fin hits new high; overtakes PNB, AU Small Fin Bk in m-cap ranking

The stock has rallied 26% in the past week on the back of strong financial performance in the December quarter (Q3F20)

Muthoot Finance soars 15%, hits new high on strong December quarter results

The company reported 66% YoY growth in net profit at Rs 803 crore in Q3FY20

Muthoot Finance MD George Alexander injured in attack in Kerala

Alexander, who suffered a head injury, has been admitted to Medical Trust hospital in Kochi

Muthoot Finance MD Alexander injured after attack on his vehicle

A section of employees have been agitating against the Muthoot management over dismissal of 160 staff from the company's 43 branches across the state in December

Bankers are not ready to take risks: Muthoot Finance MD George Alexander

The company's managing director, George Alexander Muthoot, spoke on his loan book growth, going ahead, even as he feels banks should lend more to non-banking financial companies

Derivatives strategy on Muthoot Finance by Nandish Shah of HDFC Securities

The stock price has already given breakout on the daily chart by closing above the resistance level of Rs 737 on last Monday with higher volumes

Muthoot Finance gets hold of IDBI MF arm for around Rs 215 crore

The acquisition will mark MFIN's foray into the Rs 26-trillion MF space. George Alexander Muthoot, managing director, MFIN, said