Muthoot Capital Services jumps on completing securitization transaction of Rs 106.46 crore

Muthoot Capital Services is currently trading at Rs. 185.40, up by 9.55 points or 5.43% from its previous closing of Rs. 175.85 on the BSE.

Muthoot Capital
Muthoot Capital

The scrip opened at Rs. 185.00 and has touched a high and low of Rs. 193.00 and Rs. 184.45 respectively. So far 10167 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 495.50 on 23-Jul-2021 and a 52 week low of Rs. 164.45 on 16-Jun-2022.

Last one week high and low of the scrip stood at Rs. 193.00 and Rs. 164.45 respectively. The current market cap of the company is Rs. 311.76 crore.

The promoters holding in the company stood at 62.62%, while Institutions and Non-Institutions held 16.31% and 21.07% respectively.

Muthoot Capital Services has completed a securitization transaction of Rs 106.46 crore on June 17, 2022. This is the first securitization / direct assignment transaction carried out by the Company during the FY 2022 – 2023.

The entire pool is from the non – priority sector and has been taken after considering the guidelines prescribed by the Reserve Bank of India in this regard.

Muthoot Capital Services is one of India’s Most Progressive Automobile Finance Companies.

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