Buy Manappuram Finance, target Rs 114: Nirmal Bang Securities
ETMarkets.com|
Dec 21, 2017, 11.47 AM IST
Nirmal Bang Securities has a buy call on Manappuram Finance with a target price of Rs 114.
The current market price of Manappuram Finance is Rs 112.20.
Time period given by the analyst is intraday when Manappuram Finance price can reach defined target.
Nirmal Bang Securities recommended to keep a stop loss at Rs 106.
Manappuram Finance, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 8,886.89 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.
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.
The current market price of Manappuram Finance is Rs 112.20.
Time period given by the analyst is intraday when Manappuram Finance price can reach defined target.
Nirmal Bang Securities recommended to keep a stop loss at Rs 106.
Manappuram Finance, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 8,886.89 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.
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.
