Muthoot & Manappuram's Stocks Rally Amid RBI Action!

[{ "selector": ".tuilm-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".nklgk-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Muthoot, Manappuram Finance Surge 11% Post RBI Order on IIFL Finance

[{ "selector": ".wefkf-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".xjrfq-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".irlme-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".kawlc-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".zcbej-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".xudll-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fofgq-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ksutg-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }] Company Details

Competitive Landscape Boosts Muthoot, Manappuram

[{ "selector": ".qlzrr-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".zlmxt-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fcjmn-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fwtag-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".lrglx-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".otzmf-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".bdnct-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".izicw-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }] Company Details

Financial Outlook and Market Response

[{ "selector": ".nfofw-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".zxzlg-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".erteu-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".btesa-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".jjjae-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".qxstp-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".gllaq-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".rtstn-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Market Response and Outlook

[{ "selector": ".lalnw-a", "duration": "500ms", "fill": "forwards", "delay": "350ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".imaxu-a", "duration": "350ms", "fill": "forwards", "delay": "1100ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".paaxk-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".blrnu-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".wzupd-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".xgozz-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".lmguc-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".zfbkq-a", "duration": "500ms", "fill": "forwards", "delay": "1800ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

[{ "selector": ".kbgfr-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(-103px)", "opacity": "80%"}, {"offset": 1, "transform": "translateY(0)", "opacity": "80%"} ] }] Demat Account

Muthoot & Manappuram's Stocks Rally Amid RBI Action!

Muthoot, Manappuram Finance Surge 11% Post RBI Order on IIFL Finance

RBI cites "material supervisory concerns" prompting halt on gold loans by IIFL.

Muthoot Finance & Manappuram Finance shares rise 11% after the RBI directive to IIFL Finance.

Competitive Landscape Boosts Muthoot, Manappuram

Despite the competition, Muthoot and Manappuram show improved gold loan yields.

Gold loan competition intensifies from banks and NBFCs like Bajaj Finance.

Financial Outlook and Market Response

Muthoot anticipates higher borrowing costs in the near term but expects a strong 4QFY24.

Manappuram Finance's borrowing costs have risen and expected a further increase in 4QFY24.

Market Response and Outlook

Muthoot aims to reduce GS3 to 3.8% by Mar ’24, focusing on higher auctions in Q4FY24.

IIFL Financial shares plummet 20% following RBI order.