Tag: GoldLoans

  • Muthoot Finance Soars 7% After Strong Q2 FY25 Results, Driven by Robust Profit and Revenue Growth

    Muthoot Finance saw its stock surge 7% following impressive Q2 FY25 results, with a 21% year-on-year increase in net profit and a 37% rise in revenue. The company’s strong performance, driven by growth in gold loans and a robust loan book, reflects its market leadership. However, rising impairment charges and cautious analyst outlooks suggest investors should weigh the company's growth potential against potential risks.

  • IIFL Finance Shares Surge 13% After RBI Lifts Gold Loan Restrictions

    IIFL Finance shares jumped over 13% after the RBI lifted restrictions on its gold loan operations. This pivotal decision opens up new growth opportunities for the company, allowing it to tap into the thriving gold loan market. Explore the implications for investors and the future outlook for IIFL Finance.