close above 52-week high zone

Muthoot Finance Ltd's stock has hit a new 52-week high of ₹3,747.50, driven by strong Q2 FY26 earnings. Here are the key highlights: - Financial Performance: The company's standalone net profit surged 87% year-on-year to ₹2,345 crore, with net interest income rising 58.5% to ₹3,992 crore. - Growth Prospects: Analysts expect continued growth momentum, with gold loan AUM increasing 10% quarter-on-quarter to ₹1,32,000 crore. - Analyst Recommendations: Brokerages like Morgan Stanley, CLSA, and Nuvama have raised their target prices, citing strong gold loan demand and improved asset quality. - Valuation: The stock trades at a PE ratio of 18.57, with a market capitalization of ₹1,36,222.27 crore. Overall, Muthoot Finance's strong financial performance and growth prospects have driven its stock price to a new high, with analysts expecting further upside Disclaimer: Investing and Trading in Stock Market is risky activity. Always trade with a stop loss. Do not Trade's invest by taking loan and trade only with the money that you can afford to risk. Do not put your entire capital in one single Trade.