Muthoot Finance shares dropped nearly eight percent after reporting lower net interest margins. Loan yields are expected to remain under pressure this year due to rising costs. Earnings growth in FY27 will depend on loan book expansion, not margin improvement. The company’s stock has seen a nineteen percent decline since mid-May. Analysts anticipate moderated earnings growth for Muthoot Finance over coming years.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMAs (Daily Moving Averages) on August 4, according to stockedge.com’s technical scan data.