MUTHOOT FINANCE Share Price Down by 5%; BSE 500 Index Down 2.2%
September 21, 2020 03:02 PM

MUTHOOT FINANCE share price has plunged 5% and is presently trading at Rs 1,119.

Meanwhile, the BSE 500 Index is at 15,235 (down 2.2%).

Among the top losers in the BSE 500 Index today are MUTHOOT FINANCE (down 5.3%) and FINE ORGANIC INDUSTRIES (down 5.7%).

GSK CONSUMER (up 5.1%) and SYNDICATE BANK (up 3.8%) are among the top gainers today.

Over the last one year, MUTHOOT FINANCE has moved up from Rs 593 to Rs 1,119, registering a gain of Rs 526 (up 88.7%)..

The BSE 500 has moved up from 14,038 to 15,235, registering a gain of 1,197 points (up 8.5%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 1100.9%), LAURUS LABS LTD (up 321.5%) and DIXON TECHNOLOGIES (up 267.0%).

What About the Benchmark Indices?

The BSE Sensex is at 38,991 (down 1.8%). The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 1.0%), INFOSYS (up 1.0%) and TCS (up 0.4%). The most traded stocks in the BSE Sensex are INFOSYS and KOTAK MAHINDRA BANK.

In the meantime, NSE Nifty is at 11,535 (down 1.9%). KOTAK MAHINDRA BANK (up 1.1%) and INFOSYS (up 1.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,481 to 38,991, registering a gain of 2,510 points (up 4.57%).

MUTHOOT FINANCE Financial Update...

MUTHOOT FINANCE net profit stood at Rs 9 billion for the quarter ended September 2019, compared to a profit of Rs 5 billion a year ago. Net Sales rose 24.5% to Rs 21.4 billion during the period as against Rs 17.2 billion in July-September 2018.

For the year ended March 2019, MUTHOOT FINANCE reported 13.2% increase in net profit to Rs 21.0 billion compared to net profit of Rs 18.6 billion during FY18.

Revenue of the company grew 12.2% to Rs 74 billion during FY19.

The current Price to earnings ratio of MUTHOOT FINANCE, based on rolling 12 month earnings, stands at 17.6x.