Post budget views - Mr. George Alexander Muthoot, MD - Muthoot Finance Limited

"The union budget 2016-17 is for traditional Bharat to transform into modern India.

The current budget propels on the strong macro environment like rural push, infrastructure development, power and digital India. The government has focused on key social spending like education and healthcare thereby improving the quality of life of lower income group. So in all the budget aims at inclusive growth with its reforms, generate employment and support the bottom of the pyramid entrepreneurs.

The environment of easy lending and easy access to credit through setting up of MUDRA and PMMY will drive the rural entrepreneurship and growth of MSMEs."

Shares of MUTHOOT FINANCE LTD. was last trading in BSE at Rs.174.2 as compared to the previous close of Rs. 175.3. The total number of shares traded during the day was 3391 in over 179 trades.

The stock hit an intraday high of Rs. 179.25 and intraday low of 173.65. The net turnover during the day was Rs. 596185.

Source : Equity Bulls

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