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Muthoot Finance Shares Drop 11% on Earnings Sustainability Concerns
Muthoot Finance falls 11% amid doubts over earnings durability.
Muthoot Finance shares declined about 11 percent as investors raised questions over the durability of recent earnings growth. Market participants cited concerns around asset quality trends and rising credit costs that could affect profitability. Analysts indicated that forthcoming quarterly disclosures and management commentary on non performing assets will be critical for sentiment recovery.The sharp correction reflects broader caution in financial markets amid prevailing macroeconomic uncertainty.
