Muthoot Finance Shares Plunge Over 14% Despite Strong Q1 Profit Growth
Shares of Muthoot Finance fell over 14 percent on Monday following its Q1 FY27 earnings report and the announcement of major executive leadership changes.
B
Business
NEWS CARD
“Muthoot Finance Shares Plunge Over 14% Despite Strong Q1 Profit Growth”
Read more on
www.entrepreneuroutreach.com/s/690e29
3 Aug 2026
NEW DELHI, Aug 3 — Shares of gold loan major Muthoot Finance plunged over 14 per cent on Monday following the release of its first-quarter financial results for FY27 and announcements regarding top leadership transitions.
The stock opened 7.81 per cent lower at ₹2,876 on the National Stock Exchange (NSE) before sliding as much as 14.38 per cent to hit an intraday low of ₹2,671. By afternoon trade, the Non-Banking Financial Company (NBFC) script was underperforming the broader markets.
The sharp sell-off occurred despite solid top- and bottom-line expansion:
