Muthoot Finance Shares Plunge 12% Despite Strong Q3 Profit; Brokerages Remain Confident

• Muthoot Finance shares dropped 12.6% on February 13, hitting a low of Rs 3553.40, despite robust Q3 results.
• The company reported a 94.9% year-on-year increase in standalone net profit to Rs 2656.4 crore in Q3 FY25.
• Net Interest Income (NII) surged 64% to Rs 4467 crore, with operational revenue reaching Rs 7242.7 crore.
• Jefferies maintains a "Buy" rating with a target price of Rs 4750, citing strong AUM growth and expected EPS CAGR of 17%.
• CLSA keeps an "Outperform" rating with a target of Rs 4600, noting higher-than-expected NII, PPOP, and net profit.