Muthoot Finance Shares Plunge 11% After Q1 Results

Muthoot Finance shares fell 10.9% to ₹2,783.6 on August 3, 2026, after the company's June quarter results missed market estimates due to margin compression.

Brokerages including Jefferies, Investec, and Nirmal Bang downgraded the stock, with Jefferies cutting its price target from ₹4,350 to ₹3,300.

While standalone AUM grew 43% year-on-year, a 300 basis point contraction in margins and yield normalization weighed on investor sentiment.