Muthoot Microfin, a listed pure-play microfinance lender, reported a 32% year-on-year growth in assets under management (AUM) along with a significant improvement in loan collection efficiency, leading to enhanced profitability. Its AUM reached Rs 12,194 crore by the end of March, with loan disbursement rising by 32% to Rs 10,662 crore in FY24.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and