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MANAPPURAM STANDALONE PROFIT
CSB Bank Q4 profit rises 6% on lower provisions, growth steadyCSB Bank reported 6% Q4 profit growth aided by lower provisions despite higher costs and weaker income. Margins improved, while advances an...
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
Manappuram posts Rs 203 crore loss on Asirvad stress, names new CEOManappuram Finance reported a ₹203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped sligh...
Buy Manappuram Finance, target price Rs 260: ICICI SecuritiesICICI Securities recommends buying Manappuram Finance with a target price of Rs 260. The current price is Rs 235.2. Manappuram Finance, a M...
Asirvad Micro Finance breaches loan covenants amid losses; Manappuram Finance reports 52% profit drop in Q3Asirvad Micro Finance has breached financial covenants due to consecutive quarterly losses and significant loan write-offs. Consequent high...
Stocks in news: Hindustan Zinc, GAIL, Titan, Dr Reddy's, Apollo HospitalsGAIL (India) on Wednesday reported 11% growth in its standalone net profit at Rs 2,672 crore for the September quarter. This was Rs 2405 cr...
Manappuram Finance shares slide 17% in 2 days. What brokerages sayThe restrictions will be effective from October 21, 2024 on four NBFCs Asirvad Micro Finance (a subsidiary of Manappuram Finance), Arohan F...
Manappuram Finance shares hit 15% lower circuit after RBI restrictions, multiple downgradesManappuram Finance Share Price: Shares of Manappuram Finance plummeted 15% after the RBI imposed restrictions on four NBFCs, including Asir...
Hot stocks: Brokerage view on Axis Bank, Manappuram Finance, Havells India and WiproTop brokerage firms have varied recommendations: Nomura recommends buying Axis Bank with a target of Rs 1,380; Morgan Stanley downgrades Ma...
Stocks in news: Tata Motors, Bank of Baroda, Cipla, BPCL, Manappuram FinanceState-run BPCL on Thursday posted a 35% drop in its standalone net profit at Rs 4,224 crore in the fourth quarter, compared with Rs 6,478 c...
Pressure on ROEs of gold loan cos an area of concern: ICICI SecuritiesIn July, Investec Securities had downgraded its ratings on Muthoot and Manappuram to hold from buy, viewing them as value traps in the cont...
Manappuram Finance Q4 results: Net profit rises 35% to Rs 458 crOpportunity for lending against gold as collateral remained high as availability of other personal loans fell as lenders in general turned ...
Manappuram Finance Q3 results: Net profit rises 17% to Rs 483 croreTotal consolidated operating income during the quarter stood at Rs 1643.81 crore, a growth of 14.46 per cent over Rs 1436.19 crore reported...
Manappuram Finance Q1 results: Net profit jumps 38% to Rs 368 cr as gold loan portfolio growsThe non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the previous fiscal year.
Brokerages raise price targets on Manappuram Finance post Q3 nosNarnolia Financial Advisors turned bullish on Manappuram Finance post Q3 results.
Manappuram Q3 profit rises 63% to Rs 398 croreConsolidated assets under management (AUM) grew by 35.52% to Rs 24,099.95 crore.
Muthoot, Manappuram shine on bourses on gold’s stellar rallyGold is currently the most liquid and probably the only asset class which is appreciating.
Manappuram Finance Q1 net jumps twofold to Rs 160 croreCompany said its net profit increased by 166 per cent to Rs 149.25 crore in June quarter of this fiscal as against Rs 55.92 crore over the ...
Manappuram Finance rallies 20%, hits 52-week high post Q4 resultsShares of Manappuram Finance rose nearly 20 per cent in Friday's trade after the company reported a 79 per cent year-on-year (YoY) growth i...