Shares of world’s largest gold financing company Muthoot Finance hit a fresh 52-week high in today’s trading session on BSE. The domestic market benchmark index BSE-Sensex which opened on a strong note at today’s trading session is currently trading near the level of 36,068.63, 8.09 points down.
The Muthoot Finance (MUTHOOTFIN) broke its 52-week high of Dec. 2 2-18 of 511.35 rupees and touched a new intraday high at Rs. 515.95. It is very close to break its last year’s 52-week high of Rs. 525.80.
The Muthoot Finance had reported highest ever quarterly accretion in gold loans in the September quarter (Q2FY19), resulting an all-time high loan book as well as gold stock under possession.