🚀 Muthoot Finance – Hitting Record Highs After Stellar Q1

jumped ~10% today, hitting a fresh 52-week high after posting 65% YoY growth in consolidated PAT and record loan book expansion. Loan AUM surged 37% YoY, margins improved, and provisions fell sharply — boosting investor confidence. Brokerages like Jefferies (₹2,950) and Morgan Stanley (₹2,920) have raised targets, citing sustained gold loan demand and strong earnings visibility. 🔹 Short-Term Technical Levels Support: ₹2,670 Target 1: ₹2,880 Target 2: ₹2,950 Stop-Loss: ₹2,620 (closing basis) 💡 View: Strong bullish breakout backed by volume and improving momentum indicators. Sustaining above ₹2,670 can open the next leg up towards ₹2,950.