Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 13890.04 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 1650.00 Crore, up 4.57 % from last quarter Total Income of Rs 1577.91 Crore and up 16.67 % from last year same quarter Total Income of Rs 1414.25 Crore. Company reported net profit after tax of Rs 483.19 Crore in latest quarter.
Investment Rationale
Price close below 100 day EMA and the last one months trading range & Macd in sell mode
Promoter/FII Holdings
Promoters held 35.05 per cent stake in the company as of March 31, 2020, while FIIs held 39.50 per cent, DIIs 8.1 per cent and public and others 17.02 per cent.
