Muthoot Finance

Buy Arvind, Muthoot Finance, Indian Oil, Say Experts

Tuesday August 8, 2017

Hindalco Industries was the top gainer in Nifty, up nearly 7 per cent after its US subsidiary Novelis reported four-fold jump in its net profit for the June quarter.

900 Hyderabad Homes Searched By Commandos Overnight In Hunt For Robbers

Andhra Pradesh News | Reported by Uma Sudhir, Edited by Nishant Saxena | Wednesday July 5, 2017

Police and anti-terrorist commandos searched nearly 900 homes at a Hyderabad high-rise through the night yesterday, suspecting that a gang that had attempted a daring robbery earlier in the day was hiding there.

HDFC Securities' Pick Of the Week: Muthoot Finance

Monday June 12, 2017

Expectation of good monsoon this year could trigger larger demand for gold loans across the country (especially in the south), HDFC Securities.

Trading Calls: Buy Muthoot Finance, Cipla; Sell Vedanta, Say Experts

NDTV | Thursday June 1, 2017

Indian markets are likely to see a muted opening today with SGX Nifty trading flat. T

Reliance Defence, 13 Others Rise On Entry In F&O Segment

Friday March 31, 2017

Analysts say the entry in the F&O segment will boost liquidity in these stocks on the back of higher trading interest.

Gold Loan In Cash Restricted To Rs 20,000 For NBFCs

Friday March 10, 2017

Shares of leading gold loan companies Manappuram Finance and Muthoot Finance fell today.

Muthoot Finance Beats Demonetisation Blues In Q3, Shares Rise

Tuesday February 14, 2017

For the first nine months of the current financial year, Muthoot Finance's profit after tax stood at Rs 858 crore crossing its previous full-year profit after tax of Rs 810 crore.

42 Kg Gold Stolen In Hyderabad In 'Special 26' Style Crime, 5 Arrested

Hyderabad News | Written by Uma Sudhir | Wednesday January 18, 2017

Five people were arrested on Tuesday for allegedly robbing nearly 42 kg of gold from a branch of Muthoot Finance in Hyderabad about two weeks ago. The robbery was conducted in a manner shown in the Akshay Kumar-starrer 'Special 26' where the conmen posed as officials of Central Bureau of Investigation 'raided' businessmen and politicians. The gang ...

In Telangana Muthoot Gold Heist, Role Of 6 Mumbai-Based Criminals Suspected

Telangana News | Edited by Raija Susan Panicker | Wednesday January 4, 2017

Telangana Police has suspected the involvement of six interstate criminals based in Mumbai in the robbery that took place last week of around 40 kg jewelry and Rs one lakh cash from Muthoot financing frim in Sangareddy district.

ECL Finance, Muthoot Finance To Raise Funds Via Non-Convertible Debentures

Press Trust of India | Wednesday January 4, 2017

NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures.

Muthoot Finance Raises Stake In Subsidiary Belstar

Press Trust of India | Saturday December 31, 2016

On Friday, shares in Muthoot Finance ended 0.62 per cent higher at Rs 282.25 on the BSE.

Posing As CBI Officials, 5 Loot 40 Kg Gold From Hyderabad Muthoot Finance

Hyderabad News | Indo-Asian News Service | Wednesday December 28, 2016

Posing as Central Bureau of Investigation officials, four unidentified persons looted 45 kg gold from Muthoot Finance in Hyderabad on Wednesday, the city police said.

Buy Biocon, Dewan Housing Finance; Avoid Muthoot Finance: Sumeet Bagadia

Wednesday November 30, 2016

The Nifty is facing resistance around 8,200 and till the time 8,200 is not broken convincingly there is a possibility that Nifty may see selling pressure at higher levels, says Sumeet Bagadia.

Demonetisation Hits Shares Of Gold Loan, Micro-Finance Lenders Hard

Abhishek Vasudev | Monday November 21, 2016

Shares of micro-finance and gold loan companies have been badly hit after the government on November 8 announced demonetisation of old 500 and 1,000-rupee banknotes.

Just Dial, Pfizer To Be Dropped From BSE 200; Muthoot Finance In

Press Trust of India | Friday November 18, 2016

The changes are announced by Asia Index, a joint venture between S&P Dow Jones Indices LLC and BSE.

Five Companies Garner Rs 2,700-Crore Via NCDs In FY'17

Press Trust of India | Tuesday August 2, 2016

As many as five companies have raised more than Rs 2,700 crore through retail issuance of non-convertible debentures (NCDs) in the ongoing financial year, to meet their business needs.

Muthoot Finance Shares Hit 52-Week High On Strong Q1

NDTV Profit Team | Friday July 29, 2016

Muthoot Finance's earnings growth was driven by 48 per cent increase in its retail loan to Rs 1,481 crore.

Muthoot Finance Q1 Net Rises 48% To Rs 270 Crore On Retail Demand

Press Trust of India | Thursday July 28, 2016

Muthoot Finance registered a net profit of Rs 270 crore during the first quarter ended June of the current fiscal, up 48 per cent from a year earlier.

Muthoot Finance Ups Stake In Belstar Investment

Press Trust of India | Wednesday July 27, 2016

Muthoot Finance has made an additional investment of Rs 40 crore in Belstar Investment and Finance Pvt Ltd (BIFPL), taking its total shareholding to 46.83 per cent in the company.

Muthoot Fincorp Offers 'Kabali' Silver Coins With Rajinikanth's Image

Press Trust of India | Thursday July 14, 2016

Cashing in on the upcoming Tamil superstar Rajinikanth flick 'Kabali', non-banking finance company Muthoot Fincorp has introduced silver coins with face of the actor being embossed on it.

NBFCs Chart Out Ambitious Growth Plans For 2-Wheeler Finance

Press Trust of India | Friday June 17, 2016

Pinning their hopes on above-normal monsoon this year, NBFCs with presence in two-wheeler finance segment have chalked out ambitious growth plans.

Why Muthoot, Manappuram Finance Are New Market Darlings

NDTV Profit Team | Tuesday June 14, 2016

Analysts believe the strong show by these gold loan companies is likely to continue in the forthcoming quarters as well.

Muthoot Finance Shares Soar 11%, Hit 52-Week High

NDTV Profit Team | Monday May 30, 2016

Muthoot Finance reported a net profit of Rs 265 crore in the March quarter, compared to Rs 165 crore in the corresponding quarter of last fiscal.

Muthoot Finance Net Profit Jumps 61% To Rs 265 Crore In Q4

Press Trust of India | Friday May 27, 2016

Country's largest gold financing company Muthoot Finance on Friday reported a 61 per cent jump in net profit at Rs 265 crore for the quarter ended March, 2016 driven by higher loan disbursals.

Muthoot Finance, Another Firm Garner Rs 695 Crore Via NCDs In April-May

Press Trust of India | Monday May 16, 2016

Two companies raised Rs 695 crore through retail issuance of non-convertible debentures (NCDs) in the current financial year till May 6.

Expect Budget to Cut Cost of Doing Business: India Inc

Press Trust of India | Monday February 29, 2016

Budget should focus on streamlining regulations to cut tax uncertainties, says industry.

Muthoot Finance to Raise Rs 500 Crore via NCDs

Press Trust of India | Friday December 18, 2015

Muthoot Finance on Friday said it seeks to raise Rs 500 crore from a public issue of non-convertible debentures (NCDs) which is now open for subscription.

Muthoot Finance Posts Profit of Rs 174 Crore in Q2

Press Trust of India | Thursday October 29, 2015

Muthoot Finance on Thursday reported a net profit rose of Rs 174 crore for the quarter ended September.

Muthoot Finance Surges 10%, Motilal Oswal Initiates Coverage

NDTV | Wednesday October 7, 2015

Shares of Muthoot Finance surged nearly 10 per cent to Rs 179.05 on Wednesday after domestic brokerage Motilal Oswal initiated coverage on the stock with a "buy" recommendation and a target price of Rs 234.

Muthoot Finance to Raise Rs 500 Cr via Redeemable NCDs

Press Trust of India | Wednesday September 9, 2015

The issue which opened on September 7, will close on October 7, with an option of early closure date depending upon the level of subscription.