Manappuram, Muthoot Finance Shares Under Scrutiny Following Global Gold Price Decline

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Gold Price Sell-Off: Manappuram, Muthoot Finance Shares Under Pressure

Gold Financiers | The rise in the geopolitical conflict across the Middle East will prompt a flight to safety when the markets open on Monday. Gold and Silver prices, which are already trading near record levels, could see panic buying if the market does end up having a gap-down. A rise in Gold prices will put the spotlight back on gold financiers, Manappuram and Muthoot Finance, both of which have been in the news in February for reasons of their own. While Manappuram shares were flat in February, Muthoot fell around 12%. The rise in gold prices will also put the focus on jewellery linked names, such as Titan, Senco and Kalyan Jewellers, the latter more so, due to its significant presence in the Middle East as well.

C

CNBC TV18•20-03-2026, 08:34

Gold Price Sell-Off: Manappuram, Muthoot Finance Shares Under Pressure

•Shares of gold financing companies Manappuram Finance, Muthoot Finance, and CSB Bank in focus after a sharp gold price sell-off in global markets.
•Gold prices are down 16% from their peak of over $5,600 an ounce, heading for the worst weekly drop in six years.
•Factors contributing to the decline include fears of economic impact from war, a stronger US Dollar, and dwindling prospects of US Fed rate cuts.
•A fall in gold prices will squeeze the loan-to-value (LTV) ratio for these companies, potentially leading to losses if gold value drops below outstanding loan amounts.
•Lower gold prices will also impact Assets Under Management (AUMs) for gold financiers as ticket sizes per gram decrease.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

Gold, Silver Prices Drop: Ugadi Gift for Hyderabad, Further Decrease Expected

Gold, Silver Prices Drop: Ugadi Gift for Hyderabad, Further Decrease Expected

ప్రతీకాత్మక చిత్రం

Gold Prices Plunge: Hyderabad Sees Rs 10,950 Drop Per Tola in 5 Days

Indian Stock Market Crashes: Sensex Plunges 1,097 Pts, Rs 3 Lakh Cr Lost; 5 Key Reasons

Indian Stock Market Crashes: Sensex Plunges 1,097 Pts, Rs 3 Lakh Cr Lost; 5 Key Reasons

Bharti Hexacom: Jefferies Sees 69% Upside Despite Tariff Hike Delays

Bharti Hexacom: Jefferies Sees 69% Upside Despite Tariff Hike Delays

Vijayawada Gold Rates Dip: 24K, 22K Prices Fall; Analysts See Buying Chance

Vijayawada Gold Rates Dip: 24K, 22K Prices Fall; Analysts See Buying Chance

4. Stock Market Loses Momentum: The Dow Jones Industrial Average, one of Trump’s preferred measures of economic success, has dropped about 5% over the past month. The decline follows earlier gains that pushed the index to record levels. Market performance remains closely tied to investor expectations around corporate earnings and geopolitical developments. (Image: Canva)

Dow Futures Plunge 1,100 Points as Oil Soars Past $100 Amid West Asia Tensions