BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch upgrades Manappuram Finance to buy
Expect earnings per share growth at 22 and 29 per cent in financial years 2014-15 and 2015-16. Regulatory environment is favourable. Valuations still attractive. Target Rs 25.