BOM:533398

Fitch Affirms Muthoot Finance at BB+, Outlook Stable

Fitch Ratings affirmed Muthoot Finance's (NSE:MUTHOOTFIN, BOM:533398) long-term foreign- and local-currency issuer default ratings at BB+, with a stable outlook, according to a Monday ratings commentary.The ratings agency cited Muthoot Finance's leadership in gold-backed lending, healthy asset quality, profitability, diversified funding, and liquidity.Gold-backed loans accounted for 90% of Muthoot Finance's consolidated gross loans as of June 2026, Fitch said.Fitch also said the company's disciplined lending practices and greater regulatory clarity support its risk profile.

DAM Capital Downgrades Muthoot Finance to Neutral from Buy; Price Target is INR3,650

Avendus Spark Downgrades Muthoot Finance to Sell from Buy; Price Target is INR3,057

Jefferies Adjusts Muthoot Finance's Price Target to INR4,350 From INR4,750, Keeps at Buy

Muthoot Finance (NSE:MUTHOOTFIN, BOM:533398) has an average rating of overweight and mean price target of 3,997.61 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)