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Bullion boom: Muthoot Finance shares hit 52-week high after Q1 profit surges 65%; stock jumps nearly 10%
Muthoot Finance's shares experienced a significant surge, climbing nearly 10 per cent, following the announcement of a 65 per cent year-on-year increase in consolidated profit after tax for the June quarter. The company's loan assets under management also saw substantial growth, rising by 37 per cent to reach Rs 1,33,938 crore in Q1 FY26, contributing to investor confidence.
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