Muthoot Capital Services Ltd up by 9.98 percent | Espresso

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Espresso Shot of the Day - Muthoot Capital Services Ltd up by 9.98 percent

October 27, 2022
Espresso Shot of the Day - Muthoot Capital Services Ltd up by 9.98 percent

MUTHOOT CAPITAL SERVICES LTD 309.10  (+9.98%) BSE – INE296G01013| 27th October 2022

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Muthoot Capital Services Ltd. promoted by the Muthoot Pappachan Group is a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India and listed on the Bombay Stock Exchange. Established in 1994, Muthoot Capital Services Ltd offers fund and non-fund based financial services to retail, corporate and institutional customers through a wide network of branches of Muthoot Fincorp Ltd. Its portfolio includes commercial and consumer finance products like vehicle loans, gold loans, loans against property, bonds, deposits, investment products and advisory services among others. Apart from these, the company also disburses loans against property, shares, gold ETF’s, SME loans, mortgage loans, leasing & hire purchase loans and bill discounting.


Recent Drivers

  • CRISIL upgraded the ratings of Muthoot Capital Services Ltd to A+ for long term loan on October 26,2022.
  • On September 30, 2022, Muthoot Capital Services Ltd informed that it has made payment of beneficiaries of subject Commercial Paper (CP) on its maturity date which amounted to Rs. 30 crores.
  • Muthoot Capital Services Limited completed a securitization transaction of 121.56 crores on September 30, 2022.This is the fourth securitization / direct assignment transaction carried out by the Company during the FY 2022 - 2023
  • On August 8,2022, Muthoot Capital Services Ltd reported a June Quarter profit of Rs. 14.73 crores, up 197.94% from the Rs. 15.04 crore in June 2021.
  • On August 8,2022, Muthoot Capital Services Ltd reported a net Sale of Rs. 106.38 crores in June 2022, up 8.77% from the Rs. 97.80 crores reported in June 2021


(Sources: BSE, Money control, Business Line)


Technical Force*

  • S&P BSE Sensex cap month till date gain by 1.45%.
  • 3 months avg. NSE volume: 6,87,189.
  • Quantity traded: 40,657| Deliverable quantity: 26,533 (65.26%).
  • Stock price jumped by more than 90 % from a one-year low level: 159.25 (June 20, 2022)
  • Daily RSI (14) is near overbought territory today.
  • 52-week-high: 403.15 | 52-week-low: 159.25.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

624.70

560.10

456.20

391.60

287.70

223.10

119.20

-

Fibonacci Pivot

560.10

495.73

455.97

430.36

391.60

352.85

327.23

287.47

223.10


Today’s Close

309.10

SMA

BSE

10 DAY

261.70

20 DAY

256.50

50 DAY

230.99

200 DAY

246.48


Some Key Ratios (Source: BSE)

Market Cap:  508.39 Crores

PE:  -

OPM%: -

ROE%:  -

Promoters holding%: 62.62

Prev. Close:  281.05


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.


Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.