Muthoot Finance Achieves All-Time High Stock Price Amid Strong Financial Performance

Muthoot Finance, a prominent player in the Non-Banking Financial Company (NBFC) sector, has made headlines today as its stock price reached an all-time high of Rs. 2,510.55. This milestone reflects the company's robust performance, having outperformed its sector by 1.07% today alone. Over the past week, Muthoot Finance has shown impressive momentum, gaining 13.51%, while its one-year performance stands at a remarkable 41.51%, significantly surpassing the Sensex's 7.63% return.
The stock has been on a winning streak, with gains for the last seven consecutive days, accumulating a total return of 21.53% during this period. Muthoot Finance's volatility today was notable, with an intraday volatility of 136.86%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong technical position.

Financially, Muthoot Finance has demonstrated consistent growth, reporting record net sales of Rs. 5,621.75 crore and a profit before tax of Rs. 1,901.01 crore. With a solid return on equity averaging 19.55% and high institutional holdings at 22.77%, Muthoot Finance continues to solidify its position as a leader in the market.