Manappuram Finance Limited (NSE: MANAPPURAM)

India flag India · Delayed Price · Currency is INR
161.15
+5.20 (3.33%)
Oct 30, 2024, 9:15 AM IST
20.71%
Market Cap 136.40B
Revenue (ttm) 55.67B
Net Income (ttm) 22.47B
Shares Out n/a
EPS (ttm) 26.56
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Aug 26, 2024
Volume 857,842
Open 154.95
Previous Close 155.95
Day's Range 154.05 - 162.55
52-Week Range 130.40 - 230.25
Beta 1.23
Analysts n/a
Price Target n/a
Earnings Date Nov 8, 2024

About Manappuram Finance

Manappuram Finance Limited, a gold loan non-banking financial company, provides retail credit products and financial services in India. It offers loans against the security of used household gold jewelry; gold loans and online gold loans; microfinance loans and other financial services to low-income populations in rural and semi-urban areas; loans for construction, extension, purchase, and improvement of homes; life and non-life insurance products; and IT solutions. The company also provides depository services; and fee-based services, which in... [Read more]

Industry Credit Services
Sector Financials
Founded 1949
Employees 51,004
Stock Exchange National Stock Exchange of India
Ticker Symbol MANAPPURAM
Full Company Profile

Financial Performance

In 2023, Manappuram Finance's revenue was 54.18 billion, an increase of 29.81% compared to the previous year's 41.74 billion. Earnings were 21.89 billion, an increase of 46.30%.

Financial Statements

News

F&O Ban update for October 30, 2024: Key Stocks list in ban

In today’s F&O (Futures & Options) ban list, here’s the latest update on stocks under restriction as of October 30, 2024: Stocks in F&O Ban Still in Ban: IDFC First Bank (IDFCFIRSTB), IndiaMART InterM...

1 day ago - Business Upturn

Manappuram Finance shares fall another 3% post RBI ban on Asirvad Microfinance to disburse loans

Manappuram Finance (NSE: MANAPPURAM) saw its shares tumble by more than 3% today after the Reserve Bank of India (RBI) imposed a strict order halting loan disbursements by its microfinance subsidiary,...

10 days ago - Business Upturn

BSE Smallcap Index down as these stocks fell up to 15.25%

The BSE Smallcap index witnessed a decline today, with stocks like Manappuram Finance dropping by 15.25%, followed by Mahanagar Gas, which fell by 13.27%. Quick Heal Technologies also saw a sharp dip ...

13 days ago - Business Upturn

Manappuram Finance to implement corrective measures after RBI feedback on subsidiary

Manappuram Finance Limited has released an official statement addressing the Reserve Bank of India’s (RBI) directives regarding its subsidiary, Asirvad Microfinance, under Regulation 30 of SEBI (Listi...

13 days ago - Business Upturn

Manappuram Finance faces ₹1,913.75 crore market cap loss after RBI order on microfinance arm

Manappuram Finance (NSE: MANAPPURAM) saw its shares drop by 15% to ₹150.73 as of 9:38 AM today, wiping off ₹1,913.75 crore from its market capitalization. The stock’s sharp decline followed a stringen...

13 days ago - Business Upturn

Manappuram Finance shares hit 10% lower circuit today as RBI bans loan disbursal for subsidiary Asirvad Microfinance

Manappuram Finance shares declined 10% lower circuit after its microfinance subsidiary, Asirvad Micro Finance Limited, was impacted by a stringent Reserve Bank of India (RBI) order. The RBI has direct...

13 days ago - Business Upturn

Manappuram Finance stock: Should you buy, sell, or hold? Here’s what top brokerages recommend post RBI restrictions on subsidiary, Asirvad Microfinance

Following the Reserve Bank of India’s (RBI) embargo on new business by Manappuram’s subsidiary, Asirvad Microfinance, multiple brokerages have revised their ratings and target prices for Manappuram Fi...

13 days ago - Business Upturn

Morgan Stanley downgrades Manappuram Finance after RBI bans Asirvad MFI from loan disbursal, cuts target price to Rs 170

Morgan Stanley has downgraded Manappuram Finance Limited (MGFL) from "Overweight" to "Equal-Weight," reducing the target price from Rs 270 to Rs 170.

13 days ago - Business Upturn

Manappuram Finance share price: BofA maintains buy, cuts target price to Rs 220 after RBI restrictions, stock de-rates 25% in last 3 months

Bank of America (BofA) has maintained its ‘Buy’ rating on Manappuram Finance but has revised the target price down to Rs 220 from Rs 250. The revised target comes after the Reserve Bank of India (RBI)...

13 days ago - Business Upturn

Jefferies downgrades Manappuram Finance to ‘Hold’, expects 6% downside in stock price

Jefferies has downgraded its rating on Manappuram Finance to ‘Hold’ from its previous ‘Buy’ recommendation, while slashing the target price to Rs 167 from Rs 270, indicating a potential downside of ap...

13 days ago - Business Upturn

Stocks To Watch On October 18: Manappuram Finance in focus as RBI bans loan disbursal for subsidiary Asirvad Micro Finance

Manappuram Finance will be in the spotlight after its microfinance subsidiary, Asirvad Micro Finance Limited, was impacted by a stringent Reserve Bank of India (RBI) order. The RBI has directed Asirva...

13 days ago - Business Upturn

F&O Ban List for October 4: Granules India, Manappuram Finance, Bandhan Bank and more

As of October 4, 2024, the following stocks have entered the F&O ban period: When the open interest (OI) on a stock surpasses 95% of the market-wide position limits (MWPL), the stock’s futures and opt...

27 days ago - Business Upturn

Morgan Stanley on gold financiers: Regulatory review may slow lending, but Manappuram better positioned due to cheaper valuation

Morgan Stanley has highlighted that the three-month timeline given by the Reserve Bank of India (RBI) for lenders to address deficiencies could help prevent regulatory action but may lead to a slowdow...

4 weeks ago - Business Upturn

Manappuram shares dip 1.5% as reports suggest Asirvad Micro Finance’s IPO may be deferred

Manappuram Finance shares fell 1.5% to ₹198.89 on the NSE as of 9:21 AM, following a report by Moneycontrol indicating that the planned listing of its subsidiary, Asirvad Micro Finance, may be deferre...

5 weeks ago - Business Upturn

Manappuram Finance Ltd (BOM:531213) Q4 2024 Earnings Call Transcript Highlights: Strong Profit ...

Manappuram Finance Ltd (BOM:531213) Q4 2024 Earnings Call Transcript Highlights: Strong Profit Growth and Robust AUM Expansion

6 weeks ago - GuruFocus

Muthoot Finance and Manappuram Finance stocks surge up to 5% as gold price hits all-time high of $2,563/oz

Gold prices have hit a new record, sparking a notable rally in the stocks of financial companies closely tied to the yellow metal. Shares of Manappuram Finance and Muthoot Finance saw gains of up to 5...

6 weeks ago - Business Upturn

Fitch affirms Manappuram Finance at ‘BB-‘ with Stable Outlook

Fitch Ratings has affirmed Manappuram Finance Limited’s (MFIN) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BB-‘ with a Stable Outlook. This rating reflects the company’s mo...

2 months ago - Business Upturn