Muthoot Capital Services soars on raising Rs 30 crore through commercial paper
Muthoot Capital Services is currently trading at Rs. 361.55, up by 4.45 points or 1.25% from its previous closing of Rs. 357.10 on the BSE.
The scrip opened at Rs. 360.80 and has touched a high and low of Rs. 364.20 and Rs. 355.80 respectively. So far 7610 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 368.50 on 01-Jun-2023 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. 368.50 and Rs. 298.05 respectively. The current market cap of the company is Rs. 592.19 crore.
The promoters holding in the company stood at 62.62%, while Institutions and Non-Institutions held 1.49% and 35.89% respectively.
Muthoot Capital Services has issued Commercial Paper (CP) of Rs 30 crore on June 01, 2023. Earlier, the company had completed a securitization transaction of Rs 96.87 crore on March 29, 2023. That was the Seventh securitization / direct assignment transaction carried out by the Company during the FY 2022 - 2023.
Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.
