Page 5 - Manappuram Finance

Street signs: 15,800 key for Nifty, headwinds for gold financiers & more

Shares of gold finance firms, such as Muthoot Finance and Manappuram Finance, may come under pressure because of the softness in the price of yellow metal

RBI rate hike may see rate sensitive stocks bottom out. Time to buy?

Shares of banks and NBFCs seem to be better placed on the charts, while that of automobile, realty and others need to sustain above the crucial levels.

Manappuram Finance hits lowest level since March 2020; slips 25% in 1 month

Despite the management's optimism on demand outlook, there are challenges considering the signs of rural slowdown as evident from recent corporate results in many sectors

Manappuram Finance plunges 12%, hits 2-year low on weak Q4 results

Asset quality worsened during the quarter as gross non-performing asset (NPA) and net NPA ratio increased by 160 basis points (bps) and 170 bps quarter on quarter (QoQ) to 3 per cent and 2.7 per cent.

RBI imposes Rs 17 lakh fine on Manappuram Fin for violating KYC, PPI norms

The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007, the regulator said in a release

Manappuram, Muthoot Finance: Growth concerns weigh on near-term outlook

Analysts have cut earnings growth forecast but see the stocks giving up to 34.4 per cent (Muthoot) and 58.7 per cent (Manappuram) returns on attractive valuation

Manappuram Finance slips 10%, hits 52-week low on weak Q3 results

The company reported 46 per cent year-on-year drop in its consolidated net profit at Rs 261 crore in December quarter (Q3FY22)

Manappuram Finance's consolidated net Q3 down 46% to Rs 261 cr

Shift to low-yield gold loans; aggressive advertising spends make dent

Manappuram Finance Dec quarter net profit falls 46% to Rs 261 crore

The non-banking finance company (NBFC) had posted a net profit of Rs 483 crore in the corresponding quarter a year ago

Sensex falls 554 pts, Nifty below 18,150 amid rising bond yield, oil prices

In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively

Manappuram Finance raises Rs 250 cr through bonds

Manappuram Finance on Thursday said it has raised Rs 250 crore by issuing bonds, and the amount will be utilised to pare its debt and shore up capital resources.

Manappuram Finance plans to raise up to Rs 500 crore via bonds

A meeting of the company's Financial Resources and Management Committee of the Board of Directors will be held on December 24 to decide on the capital raise plan

Manappuram Finance Q2 consolidated net profit declines 9% at Rs 370 cr

Income from operations fell 2% to Rs 1,532 cr in Q2FY22

Manappuram Finance posts 8.8% decline in consolidated profit in Jul-Sep

The board of directors of the company at its meeting approved payment of interim dividend of Rs 0.75 per share

Muthoot Finance at new high on strong Q2 show; Manappuram also shines

The management of Muthoot Finance is optimistic about growing the company's gold loan book further and maintains 15 per cent growth guidance for FY22.

S&P upgrades Manappuram Finance's long term rating from 'B+' to 'BB-'

S&P expects that Manappuram Finance will continue to perform better than its NBFC peers over the next 12 months

Gold financiers in a sweet spot: Muthoot, Manappuram can grow at 10-12% pa

The share price of Muthoot Fin has risen 31% over last year, but Manappuram underperformed with 9% return

Manappuram Finance stock falls 12% over steep decline in QoQ profit

The company missed Street expectations due to lower net interest income (NII)

Manappuram Finance extends decline, dips 11% post June quarter earnings

The gold loan book declined 13 per cent QoQ to Rs 16,500 crore and gold holdings 11 per cent QoQ to 58.1 tonnage

Manappuram Finance consolidated Q4 net up 17.6% to Rs 468 cr, NII up 7.2%

Mulls listing of MFI subsidiary