Muthoot Finance is currently trading at RS 2315.45, marking a rise of 134.35 points or 6.16% from its previous close of RS 2181.10 on the BSE.

The stock opened at RS 2260.00 and recorded an intraday high of RS 2335.00 and a low of RS 2228.40. A total of 39,707 shares have been traded so far.

Muthoot Finance, classified under the BSE ‘A’ group, has a face value of RS 10. The stock reached its 52-week high of RS 2335.00 on February 13, 2025, and a 52-week low of RS 1262.25 on February 29, 2024. In the past week, the stock fluctuated between RS 2335.00 and RS 2130.00. The company’s current market capitalization stands at RS 92,874.66 crore.

Promoters hold a 73.35% stake in the company, while institutions and non-institutions hold 23.24% and 3.41%, respectively.

The company’s Board of Directors has approved a fundraising plan of up to RS 21,063.50 crore through the issuance of Redeemable Non-Convertible Debentures (NCDs) via private placement in one or more tranches. This decision was made during the board meeting held on February 12, 2025.

Muthoot Finance is a leading non-banking financial company (NBFC) specializing in gold-backed loans. It also offers foreign inward money transfer services, foreign exchange, and insurance broking, among other financial services.