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[hfe_template id='11223'] [ad_1] Muthoot Finance slipped 5% to an intraday low of Rs 2146.50 on the BSE on Thursday even after the company reported a 22% year-on-year (YoY) surge in consolidated profit after tax (PAT) at Rs 1,444 crore for the fourth quarter ended March 2025, compared to Rs 1,182 crore in the same quarter last year. The company also posted its highest-ever standalone PAT at Rs 5,201 crore for the full year, marking a 28% YoY growth. Muthoot Finance reported a robust 37% YoY increase in its consolidated gross loan AUM, which stood at Rs 1,22,181 crore in Q4 FY25, up from Rs 89,079 crore in Q4 FY24—its highest-ever consolidated loan AUM. The group achieved a historic milestone by crossing Rs 1 lakh crore in both standalone loan AUM and gold loan AUM. Its branch network also expanded by 13% year-on-year, reaching 7,391 branches compared to 6,541 branches in the previous fiscal. Live Events On a quarter-on-quarter (QoQ) basis, the consolidated gross loan AUM...

[hfe_template id='11223'] [ad_1] Elevated levels of Dalal Street's fear gauge, India VIX, suggest that caution is still lurking and making it tougher for Nifty to zoom past 23,000, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts from a chat: Nifty saw sharp swings on both sides last week as Trump’s tariff-related news flow made it tougher for traders to predict the direction. But given the fact that the trade war now appears to be limited between the US and China, notwithstanding the spillover effect, do you see a sustained rise in Nifty beyond 23,000? Indeed, a sense of relief, albeit brief, has replaced the utter panic that gripped global financial markets early last week. As more visibility has emerged in terms of worst-case scenarios of the trade war, global indices have begun to show signs of heading higher. That Nifty managed to keep overnight gains intact on Friday is a signal toward this end. However, the fact that VIX fe...

[hfe_template id='11223'] [ad_1] The Indian market is likely to trade lower on Thursday, tracking weak global cues. India VIX, a gauge of market volatility, dipped marginally by 0.78% to 14.37, reflecting growing apprehension among traders. The derivatives market shows a bearish undertone, with aggressive call writing leading the session. The 24,500-strike call accumulated the highest open interest at 1.14 crore contracts, underscoring it as a formidable resistance level. Conversely, the 24,000-strike put holds 85.55 lakh contracts, signifying robust support. “Heavy call writing in the 24,200–24,500 range reinforces strong resistance, while diminishing put positions at lower levels indicate waning bullish sentiment,” said Dhupesh Dhameja, Derivatives Analyst at SAMCO Securities. “The put-call ratio (PCR) declined sharply to 0.37 from 0.48, highlighting a bearish tilt. However, the oversold PCR suggests that a temporary pullback cannot be ruled out. The 'max pain'...

[hfe_template id='11223'] [ad_1] Mumbai: Shares of gold loan companies lost sheen on Tuesday after the Reserve Bank of India (RBI) called for these companies to take corrective measures for the lapses in loan sanctioning practices in the next three months. Muthoot Finance fell 3.9% and Manappuram Finance declined 1.9% as analysts see the central bank's action weighing on their ROAs (return on assets) - a key profitability ratio for lenders. The issues highlighted by RBI include improper valuation, breaches of loan-to-value (LTV) ratios, and inadequate governance in partnerships with fintech entities, said Shrikant Chouhan, head of equity research at Kotak Securities. IIFL Finance was up nearly 0.5%. Shares of private banks like Federal Bank, CSB Bank, South Indian Bank and Dhanlaxmi Bank, which also are also major lenders against gold, ended either flat or lower. Agencies "Our prognosis suggests that specialised financiers like Muthoot and Manappuram Finance re...