Muthoot Finance Crashes 10%: Is This The Beginning Of Trouble For Gold Loan Stocks?
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Muthoot Finance Crashes 10%: Is This The Beginning Of Trouble For Gold Loan Stocks?
Muthoot Finance shares plunged around 10%, triggering concerns across the gold finance space. The sharp fall comes after weaker-than-expected quarterly numbers and margin pressure. Rising competition in the gold loan business is making it harder for lenders to maintain profitability. Market experts believe that after years of strong growth ...
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