Buy Muthoot Finance, target Rs 470: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Muthoot Finance with a target price of Rs 470.

The current market price of Muthoot Finance is Rs 440.95.

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


Manas Jaiswal recommended keeping a stop loss at Rs 432.

Muthoot Finance, incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 17,754.18 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.

The company has Varma & Varma as its auditors.

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