Muthoot Microfin faced a significant setback, reporting a net loss of Rs 401 crore in the fourth quarter due to a surge in provisions for bad loans and breaches in borrowing covenants. The asset quality crisis led to a full-year net loss of Rs 223 crore, contrasting with the previous year’s profit.
10+ MFs added these 8 stocks in February; 3 turned multibaggers, up to 140% in FY26
Over 10 mutual funds increased exposure to stocks like Multi Commodity Exchange of India, GE Vernova T&D India and National Aluminium Company in February, with