New Delhi, Nov. 2 -- Muthoot Finance shares slid to a new 52-week low of Rs.2,305 on the National Stock Exchange on Monday as investors tried to digest the asset quality deterioration in the September quarter (Q2FY27) with rising loan delinquencies. This was when its mainstay gold loan assets under management (AUM) increased by 43% year-on-year, backed by higher prices, improved tonnage and client additions.

Better yields led to a 152 basis points (bps) sequential rise in net interest margin (NIM) to 11.93%. On the flip side, credit costs increased, with risky stage-III assets soaring sequentially to Rs.7,268 crore in Q2 from Rs.3,926.5 crore in Q1, and stage-II assets surging to Rs.23,466 crore from Rs.1,876 crore in Q1 and Rs.1,062 cro...