MUTHOOTMFNSEMuthoot Microfin LimitedMediumPositive
Announced Tue, 14 Apr · 16:46 IST

Muthoot Microfin Limited has informed the Exchange about General Updates on ESG Rating

Business Updates View source PDF

MUTHOOTMF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹175.00
prior close
₹179.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.0-0.9-0.6+1.7+0.6-1.3+11.8+8.6+4.3+18.6+3.1+12.0+40.7
Up moveDown movePending
AI summary

Muthoot Microfin has received an ESG rating upgrade from CareEdge ESG Ratings, moving from CareEdge-ESG 1 (score 72.2) to CareEdge-ESG 1+ (score 80.8). The company now holds the highest ESG rating among all NBFCs rated by CareEdge ESG Ratings. This upgrade reflects improvements across environmental, social, and governance parameters, demonstrating the company's commitment to sustainable and responsible business practices.

Likely market impact

This ESG rating upgrade signals strong governance and sustainability practices to ESG-focused investors, potentially attracting more institutional investment and improving the company's ESG standing in the market.