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1 Comment
Manappuram Finance Limited is currently in a long term uptrend where the price is trading 7.0% above its 200 day moving average.
From a valuation standpoint, the stock is 90.5% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.3.
Manappuram Finance Limited's total revenue sank by 22.2% to $11B since the same quarter in the previous year.
Its net income has increased by 20.8% to $5B since the same quarter in the previous year.
Finally, its free cash flow grew by 43.6% to $-12B since the same quarter in the previous year.
Based on the above factors, Manappuram Finance Limited gets an overall score of 4/5.
ISIN | INE522D01027 |
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Exchange | NSE |
CurrencyCode | INR |
Sector | Financial Services |
Industry | Credit Services |
Target Price | 226.2308 |
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Dividend Yield | 1.7% |
PE Ratio | 10.0 |
Beta | 0.93 |
Market Cap | 196B |
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 include money transfer, foreign exchange, and depository services. In addition, it offers vehicle and equipment finance, including commercial vehicle, construction equipment, two wheeler, car, and farm equipment finance. The company serves retail, microfinance, small and medium enterprises, and commercial customers. It operates branches in 28 states and 4 Union Territories. The company was formerly known as Manappuram General Finance and Leasing Limited and changed its name to Manappuram Finance Limited in 2011. Manappuram Finance Limited was founded in 1949 and is based in Thrissur, India.
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