Page 7 - Manappuram Finance

Manappuram Finance jumps 7% in a weak market on strong Q4 result

The company's total income grew 38.7 per cent to Rs 1618.15 crore during the quarter as against Rs 1166.51 crore during same quarter a year ago

Bull Spread strategy on Manappuram Finance by HDFC Securities

NBFC, as a sector, is looking good for the short-term

Derivatives strategy on Manappuram Finance by HDFC Securities

The RSI Oscillator is showing strength in the stock

Muthoot Fin: Gold financiers take hard knock; stay put for now, say experts

Given the uncertainties in the market, analysts suggest incumbent investors should stay put in the stock, even as new investors may buy on further dip.

Baring India divests stake worth over Rs 721 crore in Manappuram Finance

This took the total deal value to over Rs 721.4 crore

Manappuram Finance slips 6% after 5% equity changes hands in block deals

At 09:15 am, around 43.05 million shares of Manappuram Finance changed hands via block deals on the BSE

Manappuram Finance logs 40% increase in pre-tax profit to Rs 544 cr in Q3

Total income grew 28.5 per cent to Rs 1,414 crore during the quarter, from Rs 1,100 crore in the year-ago period

Q3 result: Manappuram Finance net profit rises 63% to Rs 398 cr, AUM up 35%

Its total consolidated revenue from operations rose over 29 per cent to Rs 1,399.02 crore, taking its assets under management (AUM) to Rs 24,099.95 crore, up 35.52 per cent.

Derivatives strategy by HDFC Securities: Buy Manappuram Finance Jan Futures

Stock price has broken out on the daily chart by closing above the resistance level of 181.5 to close at all time high with higher volumes

4 firms to list commercial papers on BSE for Rs 9,400 crore issue size

Steel Authority of India Ltd, Kotak Mahindra Prime Ltd, Manappuram Finance Ltd and JM Financial Products Ltd are the firms

Manappuram Finance raises $300 mn from intl market for lending activities

This is the first issuance by the company in the global bond market, tapping investors in Asia and Europe, Middle East and Africa (EMEA), said Manappuram Finance

Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs

The shares of Manappuram Finance were trading at Rs 172.35, down 0.14% on BSE

Manappuram Finance rallies 8% in two days, trades near record high

For the first half (April-September) of financial year 2019-20, the company reported a strong 60 per cent year-on-year (YoY) growth in its consolidated net profit at Rs 671 crore.

Manappuram Finance net jumps 82% at Rs 407.65 crore for Sept quarter

The company's profit in the year-ago period stood at Rs 223.99 crore.

Manappuram Finance Q2 PBT grows 47%; plans to raise $750 mn through MTN

The total income stood at Rs 1334 crore during the quarter, as against Rs 1027.51 crore last year, an increase of 30 per cent

Derivatives strategy on Manappuram Finance by HDFC Securities

Derivative call by Nandish Shah, Technical Analyst, HDFC securities.

Higher gold prices keep the shine intact for major gold financiers

The average gold price in the September 2019 quarter, so far, is now up 11.5% from the June quarter

Manappuram Finance signs MoU with Autolite to finance electrical vehicles

Autolite (AIL) is a manufacturer of electric vehicles (Two & Three Wheeler) lithium Ion battery packs & solar products

SMEs remain high on potential, have good absorption capacity: Senthil Kumar

Overall, our NPAs are at 2.6 per cent in the vehicle finance book, which is relatively low. We are not observing any pressure, says executive vice-president of Manappuram Finance

We have not faced the ALM issues: Senthil Kumar, Manappuram Finance

Higher borrowing costs detrimental to retail lending: Senthil Kumar, Manappuram Finance