Buy Manappuram Finance, target Rs 126: Manas Jaiswal

Buy Manappuram Finance Ltd. at a price target of Rs 126.0 and a stop loss at Rs 117 from the entry point.

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The current market price of Manappuram Finance is Rs 121.15.
Manas Jaiswal of manasjaiswal.com has a buy call on Manappuram Finance with a target price of Rs 126.

The current market price of Manappuram Finance is Rs 121.15.

Time period given by the analyst is Intra Day when Manappuram Finance price can reach the defined target.


Manas Jaiswal recommended keeping a stoploss at Rs 117.

Manappuram Finance, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10,089.37 Crore) operating in Finance sector.

The company’s top management includes Dr.Amla Samanta, Dr.Shailesh J Mehta, Mr.B N Raveendra Babu, Mr.E A Kshirsagar, Mr.Gautam Narayan, Mr.Jagdish Capoor, Mr.P Manomohanan, Mr.V P Nandakumar, Mr.V R Rajiven, Mr.V R Ramachandran.
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The company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-03-2018, the company has a total of 842,535,762 shares outstanding.
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