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    Buy Manappuram Finance, target price Rs 147: ICICI Securities

    Synopsis

    Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7617.55 Crore) operating in NBFC sector.

    BuyiStock
    Promoters held 35.06 per cent stake in the company as of 31-Mar-2022, while FIIs owned 29.83 per cent, DIIs 15.8 per cent.
    ICICI Securities has buy call on Manappuram Finance with a target price of Rs 147. The current market price of Manappuram Finance is Rs 90.25. Time period given by analyst is one year when Manappuram Finance Ltd. price can reach defined target.

    Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7617.55 Crore) operating in NBFC sector.

    Manappuram Finance Ltd. key Products/Revenue Segments include Interest, Other Operating Revenue, Dividend, Fees & Commission Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2021.


    Financials
    For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 1491.31 Crore, down -1.03 % from last quarter Total Income of Rs 1506.85 Crore and down -8.52 % from last year same quarter Total Income of Rs 1630.25 Crore. Company reported net profit after tax of Rs 260.95 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 35.06 per cent stake in the company as of 31-Mar-2022, while FIIs owned 29.83 per cent, DIIs 15.8 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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