Shares of Muthoot Finance closed 0.92% lower at Rs 2,533.2 apiece on the National Stock Exchange before the announcement, compared to a 0.54% advance in the benchmark Nifty.
Out of 25 analysts tracking the company, 14 maintain a ‘buy’ rating, seven recommend a ‘hold,’ and four suggest ‘sell,’ according to Bloomberg data. The average 12-month consensus price target implies an upside of 1.7%
