Manappuram Finance Ltd
MANAPPURAM

93.45

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

93.40

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Turnover (lac)
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Buy
Reco. Price
Rs 96.00
We recommend BUY on the stock on account of company’s shift towards risk minimization. Also CRISIL has upgraded company’s credit rating from A+/Stable to AA-/Stable. We expect the stock to trade at a P/BV of 4.2x in FY17E. (Target Price - Rs.110)
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50 DMA (.)
96.31
100 DMA (.)
85.57
200 DMA (.)
86.76
Weekly Range (.)
92.50
97.10
Monthly Range (.)
92.00
106.00
52 Weeks Range (.)
38.45
106.90
Detailed Chart
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