Buy Manappuram Finance, target Rs 130: Manas Jaiswal

Buy Manappuram Finance Ltd. at a price target of Rs 130.0 and a stop loss at Rs 119 from the entry point.

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Manappuram Finance
Manas Jaiswal of manasjaiswal.com has a buy call on Manappuram Finance with a target price of Rs 130.

The current market price of Manappuram Finance is Rs 122.75.

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


Manas Jaiswal recommended keeping a stop loss at Rs 119.

Manappuram Finance, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10,342.13 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 31-12-2017, the company has a total of 841,962,470 shares outstanding.
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