New Delhi, June 10 -- Gold loan NBFC stocks remained under pressure in Wednesday's trade on June 10, as the continued decline in gold prices dragged the counters to multi-month lows, eroding significant market value.

Shares of Manappuram Finance crashed 5.6% in trade to Rs.290 apiece, marking their lowest level in over a month, while shares of Muthoot Finance dropped 4% to an eight-month low of Rs.2,870 apiece.

These stocks, which emerged among the top performers of 2025 on the back of a record-breaking rally in gold prices, are now caught in a bearish phase and struggling to regain momentum.

The sharp correction in bullion prices has raised investor concerns that a sustained decline in gold prices could lead to higher non-performing a...