Muthoot Capital Services Surges 6% with EV Financing Partnership | Stock Market News
Zee Business Video Team | Updated: March 13, 2024 04:09 PM IST
Muthoot Capital Services shares soared nearly 6% in intra-day trade, hitting Rs 307 apiece, following their groundbreaking partnership with evfin, the EV-focused lending platform of Greaves Finance Limited. With a deal size of up to Rs 150 crore, this collaboration aims to revolutionize electric two-wheeler financing in India, catering to the surging demand for sustainable transportation options.