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Muthoot Finance

Buy Muthoot Finance shares

MUTHOOT FINANCE (BOM: 533398) Shares

ABOUT MUTHOOT FINANCE

Muthoot Finance Limited is an Indian financial corporation which functions as the largest gold financing company in the world.

The company has a history dating back to 1997 when it was first incorporated under the Companies Act. By 2009 the company had significantly expanded its portfolio with the addition of 620 new branches.

In 2016, the company acquired 46.83% of the capital of Belstar Investment and Finance Private Limited. This was followed in 2018 by the acquisition of Muthoot Money, a Non Deposit taking Non-Banking Financial Company.

Today, the company operates more than 4 400 branches throughout India. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins at Muthoot Finance Branches. The company also has global operations in the UK, the US and the United Arab Emirates.

OVERVIEW OF MUTHOOT FINANCE

  • Muthoot Finance Limited is India’s leading Financial Services Brand, according to consecutive awards from the Brand Trust Report. The company is also the largest Gold Financing Company in India in terms of loan portfolio, according to the 2015 update to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India, 2015.

  • Muthoot Finance Limited provides personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but cannot access formal credit within a reasonable time-frame, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

  • The company has serviced 8 million loan accounts to date, with 169 tonnes of gold held in security deposits. The company has a retail investor base of over 100 000 people, across debentures and subordinated debt portfolios. The company oversees a diversified funding portfolio, with a shareholder pattern made up largely of Foreign Institutional Investors, Financial Corporations, and Mutual Funds.

VISION & VALUES OF MUTHOOT FINANCE

  • Muthoot Finance Limited drives its operations along several core values which define its ethos.

  • These values include ethical operations, reliability, and dependability. To this end, the company works to provide customers with reliable service transactions, ensuring that the company remains responsive to its customers’ needs.

  • The company operates a corruption-free institution, cultivating a work culture of transparency.

MARKET PERFORMANCE OF MUTHOOT FINANCE

  • Muthoot Finance Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under stock symbol BOM: 533398.

  • Data from the company’s 2019 financial analysis shows that revenues grew from Rs 63 331 million in 2018 to Rs 68 806 million in 2019, a growth of 9%. Profits for the year increased from Rs 17 776 million in 2018 to Rs 19 721 million in 2019, a growth of 11%.

  • Muthoot Finance Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.

LATEST NEWS MUTHOOT FINANCE

Buy MUTHOOT FINANCE stocks / shares – A Step by Step Guide how to Buy / Purchase MUTHOOT FINANCE  Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy MUTHOOT FINANCE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN MUTHOOT FINANCE STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE MUTHOOT FINANCE STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of MUTHOOT FINANCE stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy MUTHOOT FINANCE stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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