Manappuram, Muthoot Finance shares fall up to 7% as gold slump raises growth concerns
Shares of gold-linked companies fell sharply in Wednesday’s trade after a steep correction in global bullion prices weighed on sentiment, dragging gold financiers such as Muthoot Finance and Manappuram Finance lower despite management assurances on asset quality. Among the major losers, Manappuram Finance declined nearly 7% to ₹289.45, while Muthoot Finance fell close to 4%…
