Buy Muthoot Finance, target price Rs 2,455: Axis Securities

Axis Securities recommends buying Muthoot Finance with a target price of Rs 2455. Muthoot Finance's current market price is Rs 2228.3. It is a large cap company with a market cap of Rs 88934.29 crore, operating in the NBFC sector. Promoters hold 73.35% stake, while FIIs and DIIs have 9.85% and 13.29% respectively.