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Asia

Muthoot Finance shares crash 10% after Q1 results. What Motilal, other brokerages said

Markets-Economic Times · 2h ago · 🇮🇳 India

Muthoot Finance shares crash 10% after Q1 results. What Motilal, other brokerages said

Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged intensifying competition and weaker profitability, they expect gold loan demand to remain healthy, with future performance hinging on margins, gold prices and competitive pricing.

Read the full story at Markets-Economic Times →

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