Multi Bagger - Manappuram General Finance & Leasing Ltd in Equity / Stocks - CMP: 62 Manappuram General Finance & Leasing Limited is a finance company. The Company provides a varied service including loans ...
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Manappuram General Finance & Leasing Ltd

  1. Manappuram General Finance & Leasing Ltd

    CMP: 62


    Manappuram General Finance & Leasing Limited is a finance company. The Company provides a varied service including loans for gold, vehicle, business and personal use. Manappuram also offers deposits, insurance broking, instant money transfer and foreign exchange transactions.

    Manappuram General Finance & Leasing is an excellent growth stock and a safe investment. The company has grown over 30 fold in bottom line in the last 5 years and the growth trend is still on. Its now a solid mid-cap stock on its way to become a large cap. Its currently valued at a P/E of 22 which is justified for its growth. NPM is strong at over 20%. Buy, Accumulate on dips of 10% and hold forever till growth stays on path.


  2. Manappuram General FY11 profit at Rs 283 cr (Its income from operations at Rs 1,179 crore) .... FY10 profits were at 120 Crores. Thats a growth of 135% YoY which is outstanding !

  3. Manappuram to raise Rs 750 cr through retail NCD issue

    Loan-against-gold firm Manappuram Finance plans to raise Rs 750 crore through its maiden retail non-convertible debenture issue to fund its growth plans.

  4. Manappuram loses sheen on falling gold, stock down 4%.Manappuram General Finance and Leasing (MGFL) shares fell 4% to Rs 128 in early trade Friday on concerns that gold prices could fall further.

    regards
    hionstocks

  5. Is this the right time to buy this stock or we can wait for some more dips? what would be the target within 4-6 months? Thanks in Advance

  6. Quote Originally Posted by Abhijit View Post
    Is this the right time to buy this stock or we can wait for some more dips? what would be the target within 4-6 months? Thanks in Advance
    Abhi, its a good long term buy with less risk ... Its a good stock to buy. Dont worry about targets if the stock is fundamentally good

    Cheers!

  7. Quote Originally Posted by Abhijit View Post
    Is this the right time to buy this stock or we can wait for some more dips? what would be the target within 4-6 months? Thanks in Advance
    Abhi, its a good long term buy with less risk ... Its a good stock to buy. Dont worry about targets if the stock is fundamentally good

    Cheers!







  8. [Manappuram Finance Ltd.] Q2 net profit jumps by 125%. The stock was trading at Rs61.75, up by 2.92%

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