BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Nirmal Bang Securities maintains buy on Manappuram Finance
Manappuram Finance reported strong performance in Q1 on account of handsome credit growth and expansion in net interest margin. It has potential to deliver return on assets in excess of 4 per cent on a consistent basis. The stock trades at an attractive valuation.