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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02-21-2011 08:21 PM
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.
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04-29-2011 01:43 PM
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 !
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06-14-2011 12:24 PM
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.
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06-20-2011 07:12 PM
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
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08-11-2011 02:39 PM
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
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08-11-2011 03:24 PM
Originally Posted by
Abhijit 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!
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08-11-2011 03:24 PM
Originally Posted by
Abhijit 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!
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11-03-2011 04:06 PM
[Manappuram Finance Ltd.] Q2 net profit jumps by 125%. The stock was trading at Rs61.75, up by 2.92%
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