Muthoot Capital Services soars on raising Rs 30 crore through Commercial Paper
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Muthoot Capital Services is currently trading at Rs. 293.50, up by 5.35 points or 1.86% from its previous closing of Rs. 288.15 on the BSE.
The scrip opened at Rs. 288.20 and has touched a high and low of Rs. 296.15 and Rs. 285.65 respectively. So far 1102 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 16-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. 304.85 and Rs. 276.00 respectively. The current market cap of the company is Rs. 485.37 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 raised an amount of Rs 30 crore by the way of issuance of Commercial Paper (CP) on December 15, 2022. Earlier, the Company had completed a securitization transaction of Rs 83.47 crore on November 30, 2022.
Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.
