Company Profile

MUTHOOT FINANCE LTD.

NSE : MUTHOOTFINBSE : 533398ISIN CODE : INE414G01012Industry : Finance - NBFCHouse : Muthoot
BSE914.554.15 (+0.46 % )
PREV CLOSE (Rs.) 910.40
OPEN PRICE (Rs.) 934.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 21629
TODAY'S LOW / HIGH (Rs.)902.60 934.00
52 WK LOW / HIGH (Rs.)477.5 954.05
NSE915.30 4.55 (+0.5 % )
PREV CLOSE(Rs.) 910.75
OPEN PRICE (Rs.) 917.00
BID PRICE (QTY) 915.30 (345 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 875969
TODAY'S LOW / HIGH(Rs.) 902.55 927.95
52 WK LOW / HIGH (Rs.)476.8 954.5

Company News

Date Heading Details
20-Apr-2020 Muthoot Finance to re-open all branches across country <div align="justify">Muthoot Finance is all set to re-open all its branches across the country from April 20 and will ensure safety for its customers. The ministry of home affairs (MHA) had released a new list of activities that are exempted from the extended nationwide lockdown, including services offered by NBFCs and cooperative credit societies with minimum staff.</div><div align="justify"><br></div><div align="justify">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.<br></div>
20-Apr-2020 Muthoot Finance shines on reopening all branches across country <div align="justify">Muthoot Finance is currently trading at Rs. 750.90, up by 44.30 points or 6.27% from its previous closing of Rs. 706.60 on the BSE.<br><br></div><div align="justify">The scrip opened at Rs. 715.00 and has touched a high and low of Rs. 758.45 and Rs. 704.25 respectively. So far 364533 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 954.05 on 25-Feb-2020 and a 52 week low of Rs. 477.50 on 24-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 758.45 and Rs. 658.70 respectively. The current market cap of the company is Rs. 30063.76 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 73.44%, while Institutions and Non-Institutions held 22.34% and 4.22% respectively.<br><br></div><div align="justify">Muthoot Finance is all set to re-open all its branches across the country from April 20 and will ensure safety for its customers. The ministry of home affairs (MHA) had released a new list of activities that are exempted from the extended nationwide lockdown, including services offered by NBFCs and cooperative credit societies with minimum staff.<br><br></div><div align="justify">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.</div><div align="justify"><br></div>
13-Apr-2020 Muthoot Finance informs about record date <p align="justify">Muthoot Finance has informed that the ‘Record Date' for the commercial papers as details is enclosed.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
17-Mar-2020 Board declares Interim Dividend Muthoot Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 17, 2020, inter alia, has approved the following: - Declaration of an interim dividend for the financial year 2019-20 of Rs. 15/- per equity share of Rs. 10 each, being 150% on the paid up equity share capital of the Company and the dividend will be paid to the shareholders on or before, April 15, 2020.
16-Mar-2020 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Nomination and Remuneration Committee of Board of Directors of Muthoot Finance Limited on March 14, 2020 has allotted 68,625 equity shares of face value of Rs. 10/- each under Muthoot ESOP 2013. Post allotment the paid up capital of the Company is increased from Rs. 400,96,87,010 consisting of 40,09,68,701 equity shares of Rs. 10/- each to Rs. 401,03,73,260 consisting of 40,10,37,326 equity shares of Rs. 10/-.
09-Mar-2020 Board to consider Interim Dividend Muthoot Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on March 17, 2020, inter alia, to consider the following items of business: 1. To consider, approve and declare an interim dividend for the FY 2020; 2. To consider and approve fund raising by way of private placement of Redeemable Non-Convertible Debentures (NCD) to be issued in one or more tranches as may be decided by the Board of Directors or a committee thereof from time to time.
09-Mar-2020 Record Date For Declaration Of Interim Dividend The Company has fixed Wednesday, March 25, 2020 as the Record Date for the purpose of reckoning the shareholders who shall be entitled to receive the interim dividend in the event of interim dividend being declared by the Board of Directors at their meeting scheduled to be held on March 17, 2020.
02-Mar-2020 Announcement under Regulation 30 (LODR)-Raising of Funds In furtherance of our letters dated February 20, 2020 and February 24, 2020, we wish to inform you that the Finance Committee of the Board of Directors of Muthoot Finance Limited ("Company') at its meeting held on March 02, 2020, has approved the issuance and settlement of USD 550 million 4.40% Fixed Rate Senior Secured Notes due 2023 under the USD 2 billion Global Medium Term Note Programme pursuant to Regulation 144A / Regulation S of the U.S. Securities Act, 1933, as amended and in accordance with applicable Indian regulations. The Notes will be listed on the International Securities Market of London Stock Exchange.
24-Feb-2020 Ashok Leyland, Muthoot Finance and IndiGo to see some action today <p align="justify"><strong>Ashok Leyland</strong> has invested Rs 500 crore to build a platform that allows customers to configure vehicles based on their financial and business needs. Known as modular platform targeted for medium and heavy vehicles, the company expects that it will bring down its operational cost drastically and result in increase in profits.</p><p align="justify"><strong>Muthoot Finance</strong> has raised $550 million in fixed rate senior secured note issued for a three-and-a-half-year tenor at 4.4 per cent.&nbsp;This is the second bond issue from the company. The company had placed 450 million dollars for a three-year tenor at 6.125 per cent in October last year.</p><p align="justify"><strong>InterGlobe Aviation (IndiGo) </strong>is in talks with Sydney-based Qantas Airways and its wholly owned subsidiary Jetstar Airways on codeshare agreements, which allows an airline to sell other airline's seats. Currently, IndiGo has a two-way codeshare agreement with TurkishAirlines and a one-way codeshare partnership with Qatar Airways. In a two-way codeshare agreement, each airline on its distribution system can sell seats on other's flights.</p><p align="justify"><strong>Tata Motors'</strong> Jaguar Land Rover Automotive Plc has shelved plans to issue a US dollar bond after investors demanded too high an interest rate to compensate for the risk the coronavirus poses to the luxury carmaker. </p><p align="justify"><strong>Wipro</strong>'s digital arm has acquired US-based Rational Interaction to enhance its customer experience offerings. The acquisition will scale company's digital offerings to chief marketing officers, connecting Rational's ability to map the customer journey with its ability to design and build experiences at global scale.</p><p align="justify"><strong>Coal India</strong>'s (CIL) coal supply to the power sector registered a decline of 6.8 percent to 377.86 million tonnes (MT) in the April-January period of the ongoing fiscal (FY20) as compared to 405.61 MT same period of last financial year.&nbsp;However, the coal despatch by company to the power sector in January registered an increase of 2.9 per cent to 43.20 MT, over 42 MT in the corresponding month of the previous fiscal.</p><p align="justify"><strong>Mahindra &amp; Mahindra</strong>'s wholly-owned arm -- Mahindra Renewables (MRPL) is going to sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group, for nearly Rs 340 crore. MRPL will sell its entire stake aggregating 100 per cent of the paid-up equity share capital in Cleansolar Renewable Energy (CREPL), Divine Solren (DSPL) and Neo Solren (NSPL).<br></p>
24-Feb-2020 Muthoot Finance soars on raising $550 million from international bond markets <p align="justify">Muthoot Finance is currently trading at Rs. 935.50, up by 22.20 points or 2.43% from its previous closing of Rs. 913.30 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 907.90 and has touched a high and low of Rs. 940.75 and Rs. 893.55 respectively. So far 85709 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 940.75 on 24-Feb-2020 and a 52 week low of Rs. 515.00 on 28-Feb-2019.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 940.75 and Rs. 772.15 respectively. The current market cap of the company is Rs. 37448.47 crore.<br></p><p align="justify">The promoters holding in the company stood at 73.44%, while Institutions and Non-Institutions held 22.34% and 4.22% respectively.<br></p><p align="justify">Muthoot Finance has raised $550 million in fixed rate senior secured note issued for a three-and-a-half-year tenor at 4.4 per cent.&nbsp; This is the second bond issue from the company. The company had placed 450 million dollars for a three-year tenor at 6.125 per cent in October last year.</p><p align="justify">The proceeds of the issue will be used for permitted purposes including onward lending in accordance with RBI's external commercial borrowings guidelines and other applicable laws. The bonds will be listed on the International Securities Market of the London Stock Exchange.</p><p align="justify">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.<br></p>