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Muthoot strikes gold with robust Q1; more bling likely
Mint Ahmedabad
|August 15, 2025
Up, up and away
Muthoot Finance Ltd shares surged about 10% on Thursday, also hitting a new 52-week high of ₹2,800, following stellar June quarter results, in which gold loan assets under management (AUM) rose 40% year-on-year (y-o-y) and 10% quarter-on-quarter. The management expects traction to sustain in FY26.
This shouldn't be surprising given the steep rise in gold price (now around ₹1 lakh/10 gm), which means a higher value of collateral for gold loan financiers and a boost to their AUMs.
This story is from the August 15, 2025 edition of Mint Ahmedabad.
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