India's Muthoot Capital rises after evfin partnership
13/03/2024 05:46
** Shares of non-bank finance co Muthoot Capital Services
MUTH.NS up as much as 5.8% at 307 rupees, before shedding some
gains
** Co says evfin, the ev-focused lending platform of Greaves
Finance, partnered with MUTH in 1.50 bln rupees ($18 mln) deal
to expand electric two-wheeler financing across India
** Stock most active since late Jan, as over 113,700 shares
trade
** MUTH down ~22% YTD
($1 = 82.8690 Indian rupees)
(Reporting by Rama Venkat in Bengaluru)
((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))
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