Muthoot Microfin is currently trading at Rs. 187.35, up by 0.30 points or 0.16% from its previous closing of Rs. 187.05 on the BSE.
The scrip opened at Rs. 187.05 and has touched a high and low of Rs. 190.00 and Rs. 185.75 respectively. So far 7340 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 280.80 on 26-Dec-2023 and a 52 week low of Rs. 181.10 on 21-Nov-2024.
Last one week high and low of the scrip stood at Rs. 193.85 and Rs. 181.10 respectively. The current market cap of the company is Rs. 3167.74 crore.
The promoters holding in the company stood at 55.47%, while Institutions and Non-Institutions held 28.43% and 16.11% respectively.
Muthoot Microfin, a leading microfinance institution headquartered in Kochi, has initiated loan disbursals under its co-lending partnership with the State Bank of India (SBI), the country’s largest lender. Under this collaboration, SBI has sanctioned Asset creation cap of Rs 500 crore, to be disbursed in tranches of Rs 100 crore. Loans ranging from Rs 50,000 to Rs 3 lakh will be extended to identified and eligible customers, focusing primarily on members of Joint Liability Groups (JLGs) engaged in agricultural and allied activities, as well as other income-generating ventures.
Currently operating across 20 states and 369 districts, Muthoot Microfin plans to make this initiative available pan-India, ensuring broader access to credit for rural entrepreneurs. The collaboration with SBI enables lower interest rates, making loans more affordable for borrowers while driving financial inclusion and fostering self-sufficiency in underserved communities.
Muthoot Microfin is primarily engaged in providing financial assistance through micro loans to women engaged in small income generating activities.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 6513.95 |
| Shriram Finance | 3043.80 |
| Aditya Birla Capital | 193.95 |
| SBI Cards AndPayment | 713.60 |
| Mah & Mah Finl. Serv | 272.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Inatant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
