Manappuram Finance share price: The two-day upward move came on the back of a rise in the March 2023 quarter profit. The Thrissur, Kerala-based company reported a 58 per cent jump in Q4 FY23, helped by a boost in gold loan and micro-finance businesses.

Manappuram Finance shares jump 7% today; can they revisit 52-week high level in near term?

Motilal Oswal is bullish on Manappuram Finance recommended buy rating on the stock with a target price of Rs 150 in its research report dated May 13, 2023.

Buy Manappuram Finance; target of Rs 150: Motilal Oswal

Earnings With ET NOW | Manappuram Finance Q4 Fineprint. VP Nandakumar, the Managing Director & CEO of the co, speaks on the ED overhang, AUM growth, gold loan segment and more.Manappuram Finance's VP Nandakumar clarifies on the ED raids
#manappuramfinancequarter #manappuramfinancestocks #manappuramfinanceshares
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Manappuram Finance's ED Raids, Quarter performance Review By VP Nandakumar | Business News

Manappuram Finance Ltd on May 12, 2023, reported 58 per cent jump in consolidated net profit at Rs 413 crore for the quarter ending March 31, 2023. It reported a consolidated profit of Rs 261 crore a year ago. The company’s Board has announced an interim dividend of Rs 0.75 per equity share of face …

Manappuram Finance rallies 3% post robust Q4 results

Jefferies maintained an underperform rating on Hindustan Petroleum Corporation Limited (HPCL) citing weak marketing and transitory refining weakness. CLSA retained a buy rating on Manappuram Finance as yields fell but growth became visible. Credit Suisse upheld an underperform rating on Dr Lal Pathl…

Hot Stocks: Brokerages on HPCL, Manappuram Finance, Dr Lal Pathlabs and Lupin

Six Indian stocks, including Bharat Heavy Electricals, Delta Corp, Gujarat Narmada Valley Fertilizers and Chemicals, Manappuram Finance, Canara Bank and Punjab National Bank, have been placed under a futures and options (F&O) trade ban. The F&O contracts of a stock are placed in this ban period when…

F&O Ban: BHEL, PNB, Delta Corp among 6 stocks under ban for trade on Monday

On the recent ED raid, management commented that they have got the stay order on ED operations, expect case to get quashed soon.

Manappuram Finance Q4 Review - Change In Loan Tenure Impacted Yields; Outlook Remain Positive: Systematix

Manappuram Finance’s consolidated net profit rose to 4.13 billion rupees ($50.50 million) in the January to March quarter, from 2.61 billion rupees a year ago.

Manappuram posts 58% jump in Q4FY23 profit on healthy gold loan, micro-finance businesses | The Financial Express

Manappuram Finance Limited has reported a consolidated PAT of ₹415 crore for Q4 in FY23, a growth of 59 per cent. The company reported a consolidated PAT of in comparison to ₹261 crore reported in the corresponding quarter of the previous year.

Manappuram Finance posts 59% rise in Q4 profits

The company’s interest income jumped 23% to 17.14 billion rupees, while expenses rose a comparatively smaller 8.3%

Manappuram posts 58% jump in profit on healthy gold loan business

The results come as the gold loan financier’s promoter and Chief Executive Officer V P Nandakumar faces a probe related to a private company he owned

Manappuram Q4 results: NBFC reports 58% jump in net profit at Rs 413 cr, declares Rs 0.75 dividend

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Manappuram Finance Limited is a non-banking financial company (NBFC). The Company is engaged in offering gold loans, microfinance, housing loans and commercial vehicle loans.