|
17 Sep 2025 |
Manappuram Finance
|
Consensus Share Price Target
|
292.85 |
264.08 |
- |
-9.82 |
hold
|
|
|
|
|
14 Nov 2023
|
Manappuram Finance
|
Motilal Oswal
|
292.85
|
180.00
|
140.35
(108.66%)
|
Target met |
Buy
|
|
|
|
|
30 Aug 2023
|
Manappuram Finance
|
ICICI Securities Limited
|
292.85
|
172.00
|
148.90
(96.68%)
|
Target met |
Buy
|
|
|
Yield stabilisation in gold loans and turnaround in the MFI business are noteworthy developments in Manappuram Finance (Manappuram). Company has guided for 10-12% gold AUM growth with 21-22% yields while its growth guidance for MFI segment is >30% for FY24.
|
|
11 Aug 2023
|
Manappuram Finance
|
Axis Direct
|
292.85
|
165.00
|
147.90
(98.01%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
18 May 2023
|
Manappuram Finance
|
Geojit BNP Paribas
|
292.85
|
136.00
|
111.20
(163.35%)
|
Target met |
Buy
|
|
|
|
|
15 May 2023
|
Manappuram Finance
|
Axis Direct
|
292.85
|
150.00
|
110.15
(165.86%)
|
Target met |
Buy
|
|
|
Company Outlook & Guidance: We like Manappuram as the company is focusing on diversification of its AUM mix with robust AUM growth along with improving asset quality.
|
|
13 May 2023
|
Manappuram Finance
|
Motilal Oswal
|
292.85
|
150.00
|
109.95
(166.35%)
|
Target met |
Buy
|
|
|
|
|
07 May 2023
|
Manappuram Finance
|
Motilal Oswal
|
292.85
|
150.00
|
105.55
(177.45%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
Manappuram Finance
|
Axis Direct
|
292.85
|
165.00
|
115.60
(153.33%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
06 Feb 2023
|
Manappuram Finance
|
IDBI Capital
|
292.85
|
148.00
|
115.60
(153.33%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
Manappuram Finance
|
ICICI Securities Limited
|
292.85
|
147.00
|
116.15
(152.13%)
|
Target met |
Buy
|
|
|
Manappuram Finance (Manappuram) reported 4% QoQ decline in its consolidated PAT at Rs3.9bn in Q3FY23 due to lower NIMs and higher opex in standalone gold finance.
|