Muthoot Microfin gets listed at 4.24% discount

Published - December 26, 2023 09:30 pm IST - MUMBAI

Muthoot Microfin Ltd., part of the Muthoot Pappachan Group, on Tuesday debuted on the stock exchanges at a discount. On the BSE, the stock got listed at ₹278 a share, a discount of 4.67% to the issue price of ₹291.  The share slid further to close at ₹266.20, down 4.24% from the listing price and 8.52% from the issue price. With this, the market capitalisation of the company was estimated at ₹4,538.50 crore.  

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.