Muthoot Finance zooms on getting nod for additional equity infusion in Muthoot Homefin (India)
Muthoot Finance is currently trading at Rs. 2764.20, up by 253.45 points or 10.09% from its previous closing of Rs. 2510.75 on the BSE.
The scrip opened at Rs. 2720.00 and has touched a high and low of Rs. 2,797.00 and Rs. 2671.90 respectively. So far 447070 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2717.00 on 14-Aug-2025 and a 52 week low of Rs. 1751.50 on 14-Nov-2024.
Last one week high and low of the scrip stood at Rs. 2797.00 and Rs. 2478.00 respectively. The current market cap of the company is Rs. 111808.97 crore.
The promoters holding in the company stood at 73.35%, while Institutions and Non-Institutions held 23.04% and 3.61% respectively.
Muthoot Finance’s board has approved an additional equity infusion of Rs 200 crore in Muthoot Homefin (India), a wholly-owned subsidiary of the Company. The additional equity infusion is proposed to be made in order to strengthen the capital base and improve the capital adequacy ratio.
The board of directors of the company at its meeting held on August 13, 2025 has approved the same.
Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.
