Buy Manappuram Finance, target Rs 129: Manas Jaiswal

Buy Manappuram Finance Ltd. at a price target of Rs 129.0 and a stop loss at Rs 122 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Manappuram Finance with a target price of Rs 129.

The current market price of Manappuram Finance is Rs 125.60.

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

Manas Jaiswal recommended to keep a stop loss at Rs 122.

Manappuram Finance, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10,111.97 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.Jagdish Capoor, Mr.P Manomohanan, Mr.V P Nandakumar, Mr.V R Rajiven, Mr.V R Ramachandran.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 841,960,249 shares outstanding.
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