Muthoot Finance Surpasses 1 Trillion Market Cap

  Published 10 months ago

Muthoot Finance shares rise 4%, crossing 1 trillion rupees market cap after RBI loan policy easing and a 23% seven-session rally.

  • Rally began in late May as India's finance ministry pushed for relaxed gold loan regulations.
  • Stock up 19% YTD, lagging behind Manappuram Finance's 40% surge in the same period.
  • RBI's recent small-ticket loan norm relaxation boosts sector growth prospects.

You might like these

India, Maldives Eye Trade Deal

Lemon Tree Hotels Reports Strong FY25 Results

JSW Energy Signs 100 MW Solar-BESS Deal

US Boosts Tariffs on Indian Textiles

Moneyboxx Finance Expands Rural Lending, Raises Rs 237 Crore

Trump Slams India-Russia Ties, Hikes Tariffs

Indian Markets: May Gains & Future Outlook

News that matters the most ⚡