Muthoot Finance stock rallies 14% following Q2FY19 numbers

Shares of Muthoot Finance jumped after posting strong Q2FY19 numbers. The company has registered a 23% increase in net profit at Rs975cr in the first half of FY19, against Rs791cr in the previous year. Its loan assets stood at Rs32,319cr as of September 30, 2018, as against Rs27,613cr as of September 30 ,2017, indicating a yoy growth of 17%.

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