Manappuram Finance Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Manappuram Finance Financial Trends, Businesses and more
In this article we are going to talk analyze the Manappuram Finance share. Basically we will provide the information related to this company such as its fundamentals, financial, future plans and businesses of the Manappuram Finance. Along with this, we will try to estimate Manappuram Finance share price on the basis of technical or fundamentals to see how profitable this share will be in future.
Hey friends, so if you invest money in share market on the basis of analysis, then you have the advantage that the chances of loss are reduced. Therefore, first of all, we will know about this company, after that we will do its fundamental analysis. After doing the fundamentals analysis, we will try our best to predict Manappuram Finance Share Price Target so that there is no doubt in your mind. So, read this blog till the end because it is going to be very informative.
About Manappuram Finance
Manappuram Finance is one of the Indian financial sector company which was established in 1992. This company is employing 30,000+ peoples and this company is headquartered in Valappad, Thrissur, Kerala, India. Currently, the managing director and CEO of Manappuram Finance is V.P. Nandakumar.
Manappuram Finance serves the credit requirements of the people and offers a range of retail credit products and financial services. It offers gold loans against the security of gold jewelry. Manappuram Finance offers gold loan, online gold loan, SME finance, vehicle loan, doorstep gold loan, personal loan, forex and money transfer, micro home finance, hospitality industrial loan, teachers loan division, healthcare industry loan, teachers loan division, other loans, other services, and two wheeler finance.
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Manappuram Finance Shareholding
Holding pattern is on of the very important metric to analyze any stock. So now let’s talk about the Manappuram Finance Shareholding Pattern.
- Promoters have 35.18% of Shareholding
- Retail and others have 24.99% of Shareholding
- Foreign Institutional Investors (FIIs) have 28.36% of Shareholding
- Domestic Institutional Investors (DIIs) have 0.05% of Shareholding
- And Mutual Funds hold 11.41% of Manappuram Finance share
Manappuram Finance Financial Trends
If we talk about the Revenue and Profit of Manappuram Finance then –
Its revenue in 2019 has been ₹ 4,150 Cr and profit is ₹ 940 Cr. There was a revenue of ₹ 5,339 Cr in 2020 and a profit of ₹ 1,468 Cr. In the same 2021, there was a profit of ₹ 1,724 crore with a revenue of ₹ 6,259 Cr. And this year i.e. in 2022 there has been a profit of ₹ 1,328 Cr with a revenue of ₹ 5,944 Cr.
Manappuram Finance Share Price Target 2023, 2024, 2025, 2030 Table
|Year||Manappuram Finance Share Price Target|
|2023||₹135 – ₹145|
|2024||₹170 – ₹190|
|2025||₹240 – ₹270|
|2026||₹355 – ₹375|
|2027||₹420 – ₹430|
|2028||₹515 – ₹565|
|2029||₹690 – ₹730|
|2030||₹990 – 1100|
Manappuram Finance Share Price Target 2023
The fundamentals of the Manappuram Finance are almost right. And as of now the P/E Ratio (8.33) of this stock and its profit is also increasing, so this is considered good. And ROE (16.95%) which is considered not good for any stocks. If we talk about its book value, then it is now 105 and now this share price is trading around Rs 117. That is, this stock is currently trading closer to its book value, which is good. Taking this into account, if we try to predict the Manappuram Finance Share Price Target 2023 then first target can be INR 135 and second target will be INR 145.
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Manappuram Finance Share Price Target 2024
The profit of Manappuram Finance is continuously increasing, which is a good sign but in 2022 it make less profit compared to 2021. If the financial of such a company continues to increase, then later it will give more profit than bank deposits or FDs. We see first Manappuram Finance Share Price Target 2024 of INR 170 and second target of INR 190. There is not so much drawback in this company anyway. But later if any other news comes which causes any downtrend to the share of Manappuram Finance company then that is a different matter.
Manappuram Finance Share Price Target 2025
According to our price prediction, the price of Manappuram Finance Share Price Target 2025 will be between INR 240 and INR 270. Manappuram is placing great emphasis on its capabilities to improve the production rate.
Manappuram Finance Share Price Target 2030
There is very high debt on Manappuram Finance i.e. its debt to equity ratio is 3.07. Which is considered bad in the long run for any company. But the best thing about this stock is that this company is trading closer to its book Value (106). This means their is a possibility of growth in this stock, in future. So, Manappuram Finance Share Price Target 2030, the first target we will get to see can be INR 990 and second target of INR 1100. For more details about the share, you can watch this video –
That’s it in this article, we have tried our best to tell you about Manappuram Finance stock very well. So friends, if you are investing in stocks only after seeing the share price Target, then do not do this. Because there are many reasons behind the rise and fall of the Stock price.
I hope you got to learn a lot from this Manappuram Finance Share Price Target 2023, 2024, 2025, 2030 article. And you will be able to decide by yourself whether you have to invest in this stock or not. If you have any queries, please ask in the comment box we will try to solve your issue by providing a better solution.
Note – Stock price prediction is based on our technical and fundamental analysis which keeps on changing from time to time. We do not provide any buy or sell recommendations, please trade or invest as per your financial advisor.
Is Manappuram Finance stock can prove to be Multibagger in future?
Company can give very good return in long term as it is working on new technology. Also, the price of Manappuram Finance cars is comparatively less than their competitor.
Who is the Chairman of Manappuram Finance Company?
V.P. Nandakumar Is the Founder, Chairman and Chief Executive Officer of Manappuram Finance.
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