Manappuram Finance Ltd -Consistent Performer even during corona pandemic

 Manappuram Finance Ltd -Consistent Performer even during corona pandemic

Highest ever last 12 months revenue and profit

Keep in mind: whenever company’s growth is highest ever, stock will definitely achieve is highest price
 
If we see the pre pandemic level stock traded highest level at 187 prices, currently since long time stock in accumulative stage. (current : 148.50 price)


Manappuram Finance Ltd - Profit and loss

If we see the peer comparison, it is available at low PE 7.61, Highly profit-making company with ROCE 16.05%Even if company equals the PE of other peer, stock has potential to grow 3 times(3X).


Manappuram Finance Ltd - Peer comparison

Promoters holding is in safe hand

Manappuram Finance Ltd -Share holding pattern

     As per technical chart pattern and channel breakout strategy indicate to buy this stock(refer red line in below chart pattern)


Manappuram Finance Ltd -Technical chart

Reference:

1.       Screener.in

2.       Tradingview.com

3.       Moneycontrol.com

Disclaimer:I am not SEBI approved Analyst or advisor. Investor/Traders must do his/her own Study and analysis before investing














Location: India

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