|
13 Jul 2025 |
Manappuram Finance
|
Consensus Share Price Target
|
262.90 |
248.08 |
- |
-5.64 |
hold
|
|
|
|
|
14 Nov 2023
|
Manappuram Finance
|
Motilal Oswal
|
262.90
|
180.00
|
140.35
(87.32%)
|
Target met |
Buy
|
|
|
|
|
30 Aug 2023
|
Manappuram Finance
|
ICICI Securities Limited
|
262.90
|
172.00
|
148.90
(76.56%)
|
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
|
262.90
|
165.00
|
147.90
(77.76%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
18 May 2023
|
Manappuram Finance
|
Geojit BNP Paribas
|
262.90
|
136.00
|
111.20
(136.42%)
|
Target met |
Buy
|
|
|
|
|
15 May 2023
|
Manappuram Finance
|
Axis Direct
|
262.90
|
150.00
|
110.15
(138.67%)
|
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
|
262.90
|
150.00
|
109.95
(139.11%)
|
Target met |
Buy
|
|
|
|
|
07 May 2023
|
Manappuram Finance
|
Motilal Oswal
|
262.90
|
150.00
|
105.55
(149.08%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
Manappuram Finance
|
Axis Direct
|
262.90
|
165.00
|
115.60
(127.42%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
06 Feb 2023
|
Manappuram Finance
|
IDBI Capital
|
262.90
|
148.00
|
115.60
(127.42%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
Manappuram Finance
|
ICICI Securities Limited
|
262.90
|
147.00
|
116.15
(126.35%)
|
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.
|