In a stock split process, the company divides its existing shares into multiple shares to boost the liquidity of the shares. Muthoot Finance reported a 59 per cent on-year increase in its standalone net profit for the January-March quarter of the last fiscal at Rs 815 crore. During the quarter under review, gold loan assets increased by Rs 3,113 crore."Given the uncertain outlook for Muthoot Finance's subsidiaries and the re-rating in the stock, we maintain 'neutral' rating on the stock," Motilal Oswal Securities said in a research report last month. At 11 AM, Muthoot Finance shares were trading 1.84 per cent higher at Rs 1,129 apiece as compared to a 0.45 per cent rise in the benchmark S&P BSE Sensex. Edelweiss said that it recognises gold financing as a mature credit category and recommended to buy the stock.