NSE: MUTHOOTFIN · 2 November 2026
- Muthoot Finance Limited (MUTHOOTFIN) shares advanced by 4.41% today, settling at ₹2,514.70 compared to its previous close of ₹2,408.60. The stock opened lower at ₹2,363.80 but climbed steadily through the session, touching an intraday high of ₹2,533.00 and a low of ₹2,305.00.
- Muthoot Finance announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Consolidated loan AUM grew 42% year-on-year to ₹2,09,317 crores, while consolidated profit after tax increased 39% year-on-year to ₹6,103 crores. Standalone loan AUM reached ₹1,87,810 crores alongside a standalone profit after tax of ₹5,527 crores for the half year. Management also reported robust subsidiary performances and revised its gold loan growth guidance upward for FY27.
- Trading volume was 3.92 times the 20-day average daily volume.
Why is Muthoot Finance share price rising on 2 November 2026?
Muthoot Finance Limited (MUTHOOTFIN) shares advanced by 4.41% today, settling at ₹2,514.70 compared to its previous close of ₹2,408.60. The stock opened lower at ₹2,363.80 but climbed steadily through the session, touching an intraday high of ₹2,533.00 and a low of ₹2,305.00.
The broader market demonstrated positive momentum as the Nifty index rose by 1.68%. Muthoot Finance outperformed the broader market benchmark, supported by strong buying interest in the cash segment following its recent financial results announcement and upward guidance revisions released at the end of October.
The recent price action coincides with the company's financial performance disclosures for the quarter and half year ended September 30, 2026, filed on October 31, 2026, where consolidated loan assets under management grew 42% year-on-year to ₹2,09,317 crores and consolidated profit after tax rose 39% year-on-year to ₹6,103 crores. While these earnings were published prior to today's session, the strong fundamental numbers and management's upward revision of its FY27 gold loan growth guidance provide fundamental context for investor sentiment in the counter.
21.22 lakh shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 5.41 lakh shares (3.92 times). The five-day average daily volume was 4.58 lakh shares. Separately, the NSE report for 2 November 2026 showed 6.52 lakh shares delivered, representing 30.71% of that day’s traded volume. The same report recorded 111,980 trades.
The stock's 4.41% gain and higher-than-average volume participation align with positive sentiment following the company's robust H1 FY27 financial results and upwardly revised guidance announced at the end of October.
Latest Company Developments
Muthoot Finance announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Consolidated loan AUM grew 42% year-on-year to ₹2,09,317 crores, while consolidated profit after tax increased 39% year-on-year to ₹6,103 crores. Standalone loan AUM reached ₹1,87,810 crores alongside a standalone profit after tax of ₹5,527 crores for the half year. Management also reported robust subsidiary performances and revised its gold loan growth guidance upward for FY27.
Provides foundational financial metrics and growth figures that reflect the core operational expansion and profitability of the company.
The company implemented several key leadership changes effective October 1, 2026, following approvals from its annual general meeting. Mr. Alexander George assumed the role of Managing Director, Mr. George Alexander Muthoot took office as Vice-Chairman and Whole-Time Director, and Mr. Eapen Alexander was appointed as Whole-Time Director. Additionally, Mr. K.R. Bijimon was elevated to Chief Executive Officer.
Establishes the updated executive governance structure responsible for executing the group's strategic roadmap and operational expansion.
The Board of Directors approved a scheme of amalgamation for the merger of its wholly-owned subsidiary Muthoot Money Limited into Muthoot Finance Limited, with an appointed date of April 1, 2027. The proposed corporate restructuring is subject to necessary regulatory approvals from the National Company Law Tribunal and the Reserve Bank of India. The consolidation aims to streamline the group structure and unlock operational efficiencies.
Simplifies group corporate architecture and combines gold-lending operations under a unified entity to drive financial synergies.
a press release dated October 31, 2026, titled "Press release on Unaudited Financial Results for the quarter and Half year ended September 30, 2026".
Muthoot Finance Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 11.20% on 30 September 2026. This compares with 9.51% on 30 June 2026, a change of +1.69 percentage points.
The filing reported 37 MF/UTI holders.
What to Watch Next
- Execution of the proposed merger between Muthoot Money Limited and Muthoot Finance Limited ahead of the April 1, 2027 appointed date.
- Progress on subsidiary performance, particularly the turnaround in Belstar Microfinance and growth in Muthoot Money.
- Delivery volume trends and cash market participation relative to the 20-day average volume of ~3.92x.
- Regulatory developments regarding RBI gold lending guidelines and their impact on customer adoption curves.
Other Dated Coverage
- Muthoot Finance Share Price Today: Why MUTHOOTFIN Is Falling 1.74% | 23 October 2026 — 23 October 2026
- Muthoot Finance Share Price Today: Why MUTHOOTFIN Is Falling 3.00% | 22 October 2026 — 22 October 2026
- Muthoot Finance Share Price Today: Why MUTHOOTFIN Is Falling 3.14% | 21 October 2026 — 21 October 2026
More Muthoot Finance news and dated analysis →
Frequently Asked Questions
What is the latest Muthoot Finance company news?
Muthoot Finance announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Consolidated loan AUM grew 42% year-on-year to ₹2,09,317 crores, while consolidated profit after tax increased 39% year-on-year to ₹6,103 crores. Standalone loan AUM reached ₹1,87,810 crores alongside a standalone profit after tax of ₹5,527 crores for the half year. Management also reported robust subsidiary performances and revised its gold loan growth guidance upward for FY27.
How strong was Muthoot Finance’s trading volume?
21.22 lakh shares traded, 3.92 times the 20-day average daily volume. The price and volume data are dated 2 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.