Muthoot Capital Services rises on completing securitization transaction of Rs 83.47 crore
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Muthoot Capital Services is currently trading at Rs. 289.80, up by 4.65 points or 1.63% from its previous closing of Rs. 285.15 on the BSE.
The scrip opened at Rs. 286.95 and has touched a high and low of Rs. 292.90 and Rs. 286.95 respectively. So far 506 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 375.00 on 02-Dec-2021 and a 52 week low of Rs. 159.25 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 292.90 and Rs. 276.00 respectively. The current market cap of the company is Rs. 478.38 crore.
The promoters holding in the company stood at 62.62%, while Institutions and Non-Institutions held 3.58% and 33.80% respectively.
Muthoot Capital Services has completed a securitization transaction of Rs 83.47 crore on November 30, 2022. This is the fifth securitization / direct assignment transaction carried out by the company during the FY 2022 - 2023. The entire pool is from the non - priority sector and has been taken after considering the guidelines prescribed by the Reserve Bank of India in this regard.
Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.
