Muthoot Microfinance shares rise 4% following Investec’s “buy” call, with an expected 40% gain
Muthoot Microfinance shares: Shares of Muthoot Finance surged more than 4 percent to Rs 252 each on June 20, following a ‘buy’ rating from UK-based brokerage firm Investec. The firm cited a strong growth outlook and set a target price of Rs 350 per share. Year-to-date, the stock of this micro-finance institution has risen over…