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MUTHOOTFIN Share Price Discussion

Muthoot Finance Ltd.
NSE: MUTHOOTFIN | BSE: 533398 | ISIN: INE414G01012 | Sector: Finance

RBI allows banks to lend up to 90% against gold; Muthoot, Manappuram corrected
The RBI hiked the loan-to-value ratio on gold loans to provide relief to borrowers looking to take gold loans to mitigate the urgent financial needs caused by the Covid-19 pandemic.
Loans sanctioned by banks against pledge of gold ornaments and jewellery for non-agricultural purposes should not exceed 75 per cent of the value of gold ornaments and jewellery,” RBI said.
It further added that with a view to further mitigate the economic impact of the Covid-19 pandemic on households, entrepreneurs and small businesses, it has been decided to increase the permissible loan to value ratio (LTV) for loans against pledge of gold ornaments and jewellery for non-agricultural purposes from 75 per cent to 90 per cent. This relaxation shall be available till March 31, 2021.
2
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NSE:MUTHOOTFIN price when posted: 1,217.9
1 Replies
Nish @nish-H1ChWyNn8
Aug 9 7:25 AM

Sir your view in Muthoot for next week. Also whn are results expected?
Recent posts in MUTHOOTFIN
K
Reputation: 3,181 • Just now

Type
Sell
Instrument
MUTHOOTFIN OCT20 FUT
Entry Price
₹1,090
Price@Trade
₹1,092.35
Target Price
₹1,060
Stop Price
₹1,110
Valid Till
Sep 29, 2020 3:20 AM
Margin
₹255,818.75 approx for 750 Qty
Status
Active
Like
Reply (1)
N
Reputation: 6,240 • Just now
HUL, Muthoot Finance among 10 trading ideas by experts for October series
Now a close above 11250 will confirm the bullish scenario, otherwise continue to maintain a bearish outlook going ahead in the October expiry, suggest experts.
Moneycontrol
Like
Reply
P
Reputation: -516 • Just now

Type
Buy
Instrument
MUTHOOTFIN OCT20 FUT
Entry Price
₹1,091.4
Price@Trade
₹1,091.4
Target Price
₹1,150
Stop Price
₹1,050
Valid Till
Sep 28, 2020 3:20 AM
Margin
₹256,139.25 approx for 750 Qty
Status
Exited
Exit Price
₹1,095
Net P&L
+₹2,700 (+1.05%)
Like
Reply (1)

Type
Sell
Instrument
MUTHOOTFIN OCT20 FUT
Entry Price
₹1,087.85
Price@Trade
₹1,087.85
Target Price
₹1,000
Stop Price
₹1,121
Valid Till
Oct 6, 2020 3:20 AM
Margin
₹255,694.06 approx for 750 Qty
Status
Active
Like
Reply
A
Reputation: -16,804 • Just now

Type
Buy
Instrument
MUTHOOTFIN OCT20 FUT
Entry Price
₹1,094.25
Price@Trade
₹1,094.25
Target Price
₹1,150
Stop Price
₹1,074
Valid Till
Sep 28, 2020 3:20 AM
Margin
₹256,214.06 approx for 750 Qty
Status
Exited
Exit Price
₹1,100.6
Net P&L
+₹4,762.5 (+1.86%)
Like
Reply (1)
A
Reputation: -16,804 • Just now

Type
Buy
Instrument
MUTHOOTFIN OCT20 FUT
Entry Price
₹1,107.85
Price@Trade
₹1,107.85
Target Price
₹1,140
Stop Price
₹1,080
Valid Till
Sep 28, 2020 3:20 AM
Margin
₹256,571.06 approx for 750 Qty
Status
Stoploss Hit
Exit Price
₹1,080
Net P&L
-₹20,887.5 (-8.14%)
Like
Reply (1)