Monday 30 May 2016

Muthoot Finance rallies 9%

The company posted a net profit of Rs. 2652.213 million for the quarter ended March 31, 2016 as compared to Rs. 1651.858 million for the quarter ended March 31, 2015.

Muthoot Finance
Muthoot Finance Ltd stock rallied by 9% at Rs.233.The company  posted a net profit of Rs. 2652.213 million for the quarter ended March 31, 2016 as compared to Rs. 1651.858 million for the quarter ended March 31, 2015.

Total income has increased from Rs. 11018.450 million for the quarter ended March 31, 2015 to Rs. 14512.829 million for the quarter ended March 31, 2016.

The scrip opened at Rs. 229.8 and has touched a high and low of Rs. 238.85 and Rs. 227.05 respectively. So far, 372979(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8582.54 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 236.5 on 15-Jul-2015 and a 52 week low of Rs. 152 on 23-Sep-2015. Last one week high and low of the scrip stood at Rs. 234 and Rs. 205.2 respectively.

The promoters holding in the company stood at 74.64 % while Institutions and Non-Institutions held 20.86 % and 4.5 % respectively.

The stock is currently trading above its 50 DMA.

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