🟢 Muthoot Finance is trading 4.3% up after strong Q2 results and higher FY27 guidance

Muthoot Finance is trading at INR 2,636, up 4.26%, following strong Q2 results and higher FY27 growth guidance.

• Standalone net profit rose 27% year over year, while consolidated gold-loan AUM increased 46%.
• Management raised FY27 growth guidance to 25% from 15%.
• On November 3, ICICI Securities upgraded the stock to BUY with a revised target of INR 3,070; supplied market context indicates no broad-market tailwind.