Muthoot Finance Surpasses 1 Trillion Market Cap

  Published 1 year 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.

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