Shares of Muthoot Finance have been final buying and selling 6.82 per cent larger at Rs 1,510.40 on the BSE.
Share worth of Muthoot Finance gained greater than six per cent on Thursday, June 3, a day after the great mortgage finance firm introduced its January-March quarter outcomes for the monetary 12 months 2020-21. On Thursday, Muthoot Finance opened on the BSE at Rs 1438.65, swinging to an intra day excessive of Rs 1537.20, and an intra day low of Rs 1,428, within the buying and selling session to date. According to a regulatory submitting by the corporate to the inventory exchanges, Muthoot Finance reported a web revenue of Rs 996 crore on a standalone foundation within the March quarter.
The gold mortgage non-banking finance firm (NBFC) reported a web revenue of Rs 815 crore within the corresponding quarter of the earlier fiscal, marking a 22 per cent soar on a year-on-year foundation within the fourth quarter of fiscal 2021.
For the monetary 12 months 2020-21, Muthoot Finance reported a standalone revenue of Rs 3,722.18 crore, up 23.32 per cent from 3,018.30 crore within the fiscal 12 months 2019-20. Additionally, the corporate’s standalone mortgage asset below administration (AUM) elevated 26 per cent year-on-year to Rs 52,622 crore within the monetary 12 months 2020-21.
During the March quarter of fiscal 2021, the corporate’s gold mortgage belongings elevated by Rs. 2,304 crore.
On the NSE, Muthoot Finance opened at Rs 1,442.75, inching to an intra day excessive of Rs 1,537.50 and an intra day low of Rs 1,427, within the session to date. It was final buying and selling 6.80 per cent larger at Rs 1,511.15 on the NSE.
Shares of Muthoot Finance have been final buying and selling 6.82 per cent larger at Rs 1,510.40 on the BSE.
