Muthoot Finance share price: Sell Muthoot Finance, target price Rs 1175: Kotak Securities
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Muthoot Finance Ltd., integrated in the yr 1997, is a Large Cap organization (obtaining a market place cap of Rs 48693.21 Crore) working in NBFC sector.
Muthoot Finance Ltd. vital Merchandise/Profits Segments include things like Fascination, Cash flow From Sale Of Share & Securities, Company Expenses, Sale of providers and Dividend for the yr ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the corporation documented a Consolidated Full Profits of Rs 3168.09 Crore, up 3.37 % from very last quarter Total Money of Rs 3064.81 Crore and up 5.03 % from last 12 months very same quarter Full Profits of Rs 3016.43 Crore. Firm reported net earnings after tax of Rs 1043.64 Crore in most current quarter.
Financial commitment Rationale
Near below assist stages with growing volumes on the daily chart suggests a new downside
Promoter/FII Holdings
Promoters held 73.37 per cent stake in the firm as of 31-Mar-2022, although FIIs owned 12.13 per cent, DIIs 9.68 for each cent.
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