293.2500 -0.65 (-0.22%)
NSE Sep 23, 2025 15:31 PM
Volume: 3.1M
 

293.25
-0.22%
Yes Securities
Earnings in the gold loans business were strong, driven by healthy valueled AUM growth (4.5% qoq/33% yoy), substantial shift towards online gold loans (63% of book) andsustainedcostreduction.However,45%qoqdeclinein goldholdingsandactivecustomerbasewasdisappointing. Invehiclefinance(5%ofAUM),AUMdeclinedby6%qoq. GrossNPLsspikedfurtherinQ1FY21to10%andsignificant provisionsweremadetocontainNetNPLsat4%.Collection...
Manappuram Finance Ltd. is trading above all available SMAs
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