Muthoot Finance is currently trading at Rs. 1246.60, up by 19.60 points or 1.60% from its previous closing of Rs. 1227.00 on the BSE.
The scrip opened at Rs. 1235.00 and has touched a high and low of Rs. 1254.10 and Rs. 1226.45 respectively. So far 13638 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1405.00 on 28-Jul-2020 and a 52 week low of Rs. 477.50 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1254.10 and Rs. 1092.00 respectively. The current market cap of the company is Rs. 49212.34 crore.
The promoters holding in the company stood at 73.43%, while Institutions and Non-Institutions held 21.90% and 4.68% respectively.
Muthoot Finance has tied up with Kotak Mahindra General Insurance to offer COVID-19 insurance cover of up to Rs 1 lakh against gold loan. Muthoot Finance Ayush Gold Loan is an exclusive initiative of Muthoot Group through which they will provide complimentary COVID-19 insurance cover to their eligible customers.
This cover however will be available only for the customers availing gold loan under the Super Loan scheme. As a part of company’s ongoing customer loyalty program and social commitment, it is providing the customers insurance coverage with an objective to build confidence and help move ahead in life without any fear.
Muthoot Finance is a nonbanking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.
