BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nirmal Bang initiates Manappuram Finance with buy
Nirmal Bang has initiated coverage on Mannappuram Finance with a "buy" rating for a target price of Rs 85. It expects 25 per cent CAGR in asset under management and 27 per cent CAGR in net profit over FY16-FY18 for Manappuram Finance.