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    Buy Muthoot Finance, target price Rs 1487: ICICI Securities

    Synopsis

    Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 42094.57 Crore) operating in NBFC sector.

    Buy Muthoot Finance
    Promoters held 73.37 per cent stake in the company as of 30-Jun-2022, while FIIs owned 10.96 per cent, DIIs 10.47 per cent.
    ICICI Securities has buy call on Muthoot Finance with a target price of Rs 1487. The current market price of Muthoot Finance is Rs 1048.55. Time period given by analyst is one year when Muthoot Finance Ltd. price can reach defined target.

    Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 42094.57 Crore) operating in NBFC sector.

    Muthoot Finance Ltd. key Products/Revenue Segments include Interest, Service Charges, Income From Sale Of Share & Securities, Sale of services and Dividend for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2804.32 Crore, down -7.79 % from last quarter Total Income of Rs 3041.14 Crore and down -5.37 % from last year same quarter Total Income of Rs 2963.42 Crore. Company reported net profit after tax of Rs 824.96 Crore in latest quarter.


    Promoter/FII Holdings
    Promoters held 73.37 per cent stake in the company as of 30-Jun-2022, while FIIs owned 10.96 per cent, DIIs 10.47 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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