Is it good to buy Manappuram Finance?
Table of Contents
Is it good to buy Manappuram Finance?
Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Manappuram Finance Ltd is a good long term investment. However, you need to ensure you buy at a right price to earn good returns.
What is the future of manappuram?
Tomorrow’s movement Prediction of Manappuram Finance Limited MANAPPURAM as on 16 Dec 2021 appears undecisive. It can be Bearish or Bullish….Munafa value: 44 as on 16 Thu Dec 2021.
| Downside target | 165.87 |
|---|---|
| Downside target | 170.22 |
| Upside target | 171.73 |
| Upside target | 172.43 |
| Upside target | 173.42 |
What is intrinsic value of Manappuram Finance?
Rs. 184.25. -5.60 -3.04\%
What is the work of Manappuram Finance?
Promoted by Shri. V.P. Nandakumar, the current MD & CEO, its origins go back to 1949 when it was founded in the coastal village of Valapad (Thrissur District) by his late father Mr. V.C. Padmanabhan.
Why did manappuram finance fall?
Manappuram Finance reported an 8.8\% decline in its consolidated net profit to ₹370 crore in the quarter ended in September 2021 due to lower income.
Why is manappuram finance going down?
New Delhi: Manappuram Finance reported an 8.8 per cent decline in its consolidated net profit to Rs 369.88 crore in the quarter ended in September 2021 due to lower income. “The profit is lower by 8.8 per cent compared to Rs 405.44 crore reported in the year-ago quarter.
What is the intrinsic value of Irctc?
Indian Railway Catering and Tourism Corp
| Intellectual Capital (IC) | 105.74 |
|---|---|
| Net Worth (NW) | 1,630.95 |
| Intrinsic Worth (IW) | 1,736.69 |
| Market Cap (MC) | 60,776.00 |
| Economic Value Added | 111.07 |
Who is better Manappuram and Muthoot?
Muthoot Finance scored higher in 5 areas: Senior Management, Culture & Values, CEO Approval, \% Recommend to a friend and Positive Business Outlook. Manappuram scored higher in 4 areas: Overall Rating, Career Opportunities, Compensation & Benefits and Work-life balance.
What is the meaning of manappuram?
Manappuram General Finance and Leasing
| Type | Public |
|---|---|
| Founded | 1949 |
| Headquarters | Valappad, Thrissur, Kerala, India |
| Key people | V.P. Nandakumar (MD & CEO) |
| Products | gold loan forex & money transfer SMS finance commercial vehicle loan |
Why did manappuram fall today?
Shares of Manappuram Finance slipped 12 per cent to Rs 168.25 on the BSE on Wednesday after the company reported a consolidated profit after tax (PAT) at Rs 436.90 crore in the June 2021 quarter — down 8 per cent sequentially. The company missed Street expectations due to lower net interest income (NII).