The announcement was made after market hours on Monday, 5 December 2011. Stock markets were closed on Tuesday, 6 December 2011 for a local holiday.
Meanwhile as per provisional closing, the BSE Sensex was up 17.33 points, or 0.10%, to 16,822.66.
On BSE, 42,475 shares were traded in the counter compared with average volume of 45,679 shares over the past two weeks.
The stock hit a high of Rs 184.90 and a low of Rs 174.15 during the day. The stock had hit a record high of Rs 198 on 6 May 2011 and a record low of Rs 150.40 on 23 June 2011.
India's largest gold financing company in terms of loan portfolio has an equity capital of Rs 371.71 crore. Face value per share is Rs 10.
Muthoot Finance's net profit surged 88.3% to Rs 215.55 crore on 108.6% spurt in total income to Rs 1104.87 crore in Q2 September 2011 over Q2 September 2010.
Muthoot Finance is the largest gold financing company in India in terms of loan portfolio. The company provides personal and business loans secured by gold jewellery, or gold loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements. |
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