Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 47619.94 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 3016.43 Crore, up 6.81 % from last quarter Total Income of Rs 2824.19 Crore and up 16.58 % from last year same quarter Total Income of Rs 2587.40 Crore. Company reported net profit after tax of Rs 1006.63 Crore in latest quarter.
Investment Rationale
Symmetrical triangle breakout with a bullish engulfing candlestick indicates the start of a fresh leg of uptrend in the coming horizon.
Promoter/FII Holdings
Promoters held 73.4 per cent stake in the company as of Dec 30, 2020, while FIIs held 15.1 per cent, DIIs 7 per cent and public and others 4.5 per cent.
