MUTHOOTFIN

Finance share price: Heavy buying lifts stock 12% higher; buy, sell or hold?

t Finance Share Price : Shares of gold loan NBFC Muthoot Finance are in action today (August 14) as heavy buying lifted the counter 12 per cent higher to all-time high. Muthoot Finance shares opened gap up with a solid gain of nearly 9 per cent at Rs 2730. The counter extended the opening gains and went on to make an all-time high of Rs 2800, up 12 per cent intraday. Around noon, Muthoot Finance shares traded firmly in the green to quote 10 per cent higher at Rs 2770. Almost 70 lakh shares changed hands around the same time. Muthoot Finance shares today gained after 4 days of consecutive fall. It was also the top gainer in the Nifty Financial Services index. The firm's market capitalisation stood at Rs 1.11 lakh crore.