“Muthoot Finance – सोने सी मज़बूत कमाई, क्या नतीजे चमकाएंगे नया हाई?”

Technical Chart Analysis CMP: Around ₹3,325 The

stock is trading above both its 20-day and 50-day EMAs, indicating a positive short-term trend. RSI is in the range of 60–65, showing strength but also suggesting that the stock is nearing the overbought zone. Key Support Levels: ₹3,100–₹3,150 (recent buying zone). Key Resistance Levels: ₹3,450–₹3,500 — a breakout above this zone could trigger a fresh upward rally. If support breaks, the stock could drift toward ₹2,900–₹3,000 in the short term. Result Outlook (12 November 2025) Muthoot Finance will announce its Q2 FY25 results tomorrow (12 Nov). Analysts expect steady revenue and profit growth (YoY increase of 10–12%), supported by higher gold loan disbursals and stable yields. The management’s focus on digital lending and cross-selling of insurance & microloans may further boost earnings. Margins are likely to remain steady, though a minor compression could occur due to competition and higher borrowing costs. News & Events Impact Gold Prices at Record High: The sustained rise in gold prices supports higher loan disbursement values and collateral comfort a positive for Muthoot. Festive Season Demand: Increased liquidity demand during festivals tends to drive higher gold loan demand. Possible GST Relief: If GST is rationalized on gold or NBFC transactions, it can improve lending activity in this sector. Impact: Overall, macro and festive trends favor a bullish tone ahead of results. Stock Levels to Watch Immediate Support: ₹3,100 – ₹3,150 Major Support: ₹2,900 – ₹3,000 Immediate Resistance: ₹3,450 – ₹3,500 Breakout Zone: Above ₹3,500 could open the path towards ₹3,650 – ₹3,700 Long-Term Accumulation Zone: ₹2,900 – ₹3,100 remains an attractive buying range for positional investors.