INSUBCONTINENT EXCLUSIVE:
Kunal Bothra of Independent Analyst has a sell call on Muthoot Finance Ltd
with a target price of Rs 734.0
The current price of Muthoot Finance Ltd
is Rs 759.65 Time period given by the analyst is Intra Day when Muthoot Finance Ltd
price can reach defined target.Kunal Bothra recommended to keep a stoploss at Rs 775
Muthoot Finance Ltd., incorporated in 1997, has a market cap of Rs 30459.59 crore
key Products/Revenue Segments include Interest which contributed Rs 6757.01 Crore to Sales Value (98.23 % of Total Sales), Service Charges
which contributed Rs 50.20 Crore to Sales Value (0.72 % of Total Sales), Income From Sale Of Share - Securities which contributed Rs 48.05
Crore to Sales Value (0.69 % of Total Sales), Sale of services which contributed Rs 21.15 Crore to Sales Value (0.30 % of Total Sales) and
Wind Mills which contributed Rs 1.80 Crore to Sales Value (0.02 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2397.38 Crore, up 15.95 % from last quarter Sales of
Rs 2067.67 Crore and up 31.86 % from last year same quarter Sales of Rs 1818.09 Crore Company has reported net profit after tax of Rs 908.54
Jacob Muthoot, Mr.George Joseph, Mr.George Thomas Muthoot, Mr.John K Paul, Mr.Jose Mathew, Mr.M G George Muthoot, Ms.Pamela Anna Mathew
Company has Varma - Varma as its auditors
As on 31-12-2019, the company has a total of 400,968,701 shares outstanding.