|
12 Sep 2025 |
Manappuram Finance
|
Consensus Share Price Target
|
291.20 |
264.08 |
- |
-9.31 |
hold
|
|
|
|
|
20 Dec 2023
|
Manappuram Finance
|
Motilal Oswal
|
291.20
|
205.00
|
164.15
(77.40%)
|
Target met |
Buy
|
|
|
|
|
04 Dec 2023
|
Manappuram Finance
|
ICICI Direct
|
291.20
|
200.00
|
167.35
(74.01%)
|
Target met |
Buy
|
|
|
|
|
29 Nov 2023
|
Manappuram Finance
|
IDBI Capital
|
291.20
|
205.00
|
161.95
(79.81%)
|
Target met |
Buy
|
|
|
|
|
15 Nov 2023
|
Manappuram Finance
|
Axis Direct
|
291.20
|
160.00
|
150.50
(93.49%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock with the revised target price of Rs 160/share, implying an upside of 14% from the CMP.
|
|
14 Nov 2023
|
Manappuram Finance
|
Motilal Oswal
|
291.20
|
180.00
|
140.35
(107.48%)
|
Target met |
Buy
|
|
|
|
|
30 Aug 2023
|
Manappuram Finance
|
ICICI Securities Limited
|
291.20
|
172.00
|
148.90
(95.57%)
|
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
|
291.20
|
165.00
|
147.90
(96.89%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
18 May 2023
|
Manappuram Finance
|
Geojit BNP Paribas
|
291.20
|
136.00
|
111.20
(161.87%)
|
Target met |
Buy
|
|
|
|
|
15 May 2023
|
Manappuram Finance
|
Axis Direct
|
291.20
|
150.00
|
110.15
(164.37%)
|
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
|
291.20
|
150.00
|
109.95
(164.85%)
|
Target met |
Buy
|
|
|
|