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Expansion▲ Bullish for Muthoot Microfin
Muthoot Microfin expects to beat 20% loan growth target as funding costs fall
The brief
- Muthoot Microfin expects to beat its 20% loan growth target
- Lower borrowing costs and stronger demand for gold and individual loans support growth this quarter
- Faster growth and cheaper funding support Muthoot Microfin’s lending outlook
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| MUTHOOTMF | Fri, 25 Sept | −1.0% | −1.3% | 1.2× | −1.0% · Nifty +0.3% |
✗ Classifier read this as positive; MUTHOOTMF fell 1.3% against the Nifty on the day it traded.