August, 24 2026 Monday 16:32 Hrs
Last update 11-9-2025
  • SENSEX :   77,369.11

  • Top commodity trading and broking companies in India-171.72( -0.22%) 24-Aug-2026
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Sensex 77369.11 -171.72  (-0.22) 24-Aug-2026
Previous Day Close 77540.83
Today's High/Low
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Company News Details

Muthoot Finance Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
533398
INE414G01012
970.7570035
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
MUTHOOTFIN
11.43
121644.95
EPS(TTM)
Face Value()
Div & Yield %
264.98
10
0.99
 

muthoot finance ltd
Gold finance stocks slide as gold prices tumble
Jun 25,2026
IIFL Finance dropped 2.49%, while Muthoot Finance fell 1.94% and Manappuram Finance declined 1.65%.

Gold prices came under pressure after the US dollar strengthened and investors increased bets that the US Federal Reserve could raise interest rates later this year.

Gold futures on the MCX for August 2026 delivery have fallen by over Rs 7,000 per 10 grams over the past two sessions to Rs 1,41,205. In the international market, gold prices slipped below $4,000 an ounce for the first time since November 2025.

The fall in gold prices is seen as a negative for gold loan companies. These lenders provide loans against gold jewellery. When gold prices decline, the value of the pledged jewellery falls. As a result, borrowers may have to pledge more gold to get the same loan amount, which could affect loan demand.

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