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09 Oct 2026, 12:28 IST

MUTHOOT

HDFC Securities · ADD · target Rs 3,070

The report rates MUTHOOT ADD with target raised from Rs 3,020 to Rs 3,070, noting astronomical gold loan growth and competitive pricing pressure on margins.

From NBFCs Sector Update Oct26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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