Muthoot breaks out and Manappuram consolidates
Muthoot Finance surged near record highs after stellar Q1 results, with analysts seeing scope for ₹3,500 in a year if support holds at ₹2,500. Manappuram is consolidating near ₹250, with potential breakout above ₹285 toward ₹300-₹340 if gold prices remain strong. Retail sentiment is bullish on Muthoot but neutral on Manappuram.