Wait and Watch Muthoot Finance: Rajat Bose

Rajat Bose, rajatkbose.com in a chat with ET Now gives his views on Muthoot Finance.

ET Now: Given that RBI has tighten the norms for the gold loan providers, what is the call on Muthoot Finance?

Rajat Bose: If you look at Muthoot, 155 levels is the recent bottom for the stock, in the last three months or so. It goes upto 185 to 190 on the upside. But if some negative news were to happen, it might even crack 150 and post a fresh low.