Buy Muthoot Finance, target Rs 430: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities has a buy call on Muthoot Finance with a target price of Rs 430.

The current market price of Muthoot Finance is Rs 407.55.

Time period given by the analyst is 'Intra Day' when Muthoot Finance price can reach defined target.


Chandan Taparia recommended to keep a stop loss at Rs 397.

Muthoot Finance, incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 16,298.49 Crore) operating in Finance sector.

The company’s top management includes Justice(Retd)Jacob Benjamin Koshy, Mr.Alexander M George, Mr.George Alexander Muthoot, Mr.George Jacob Muthoot, Mr.George Joseph, Mr.George Thomas Muthoot, Mr.Jose Mathew, Mr.K George John, Mr.K John Mathew, Mr.M G George Muthoot, Ms.Pamela Anna Mathew.

Company has Varma & Varma as its auditors.

As on 31-12-2017, the company has a total of 399,913,914 shares outstanding.