Manappuram Finance Ltd is one of India’s leading non-banking financial companies (NBFCs), specializing in gold loans. Established in 1949, the company has multiplied by offering affordable financial solutions to individuals and businesses. Manappuram provides various services, including gold loans, microfinance, vehicle finance, and insurance. Manappuram Share Price on NSE as of 1 October 2024 is 197.58 INR. Here are more details on Manappuram Share Price Target 2024, 2025, 2026 to 2030.
Manappuram Finance Ltd: Market Overview
- Open Price: ₹196.91
- High Price: ₹198.59
- Low Price: ₹194.41
- Previous Close: ₹201.35
- Volume: 11,790,409
- UC Limit: ₹221.48
- LC Limit: ₹181.21
- P/E ratio: 7.44
- Div yield: 1.90%
- 52-wk high: ₹230.40
- 52-wk low: ₹125.35
- Mkt cap: ₹16.71°°ä°ù
- Face Value: ₹2
Manappuram Share Price Today Chart
Manappuram Share Price Target Tomorrow 2024 To 2030
Manappuram Share Price Target Years | Share Price Target |
2024 | ₹250 |
2025 | ₹345 |
2026 | ₹397 |
2027 | ₹447 |
2028 | ₹515 |
2029 | ₹585 |
2030 | ₹670 |
Manappuram Share Price Target 2024
Manappuram share price target 2024 Expected target could be ₹250. Here are three key factors that could affect the growth of Manappuram Finance’s share price target for 2024:
- Gold Prices Fluctuations: As a major player in gold loans, changes in global and domestic gold prices directly impact Manappuram’s business. A rise in gold prices could boost the company’s profitability, while a decline might pose challenges.
- Expansion of Loan Portfolio: Diversifying into other financial products like microfinance, housing finance, and vehicle loans can drive business growth and investor confidence, positively impacting share price.
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Regulatory Changes: Any government policies or regulations affecting NBFCs, especially in gold loan regulations or interest rates, will influence Manappuram’s profitability and stock performance in 2024.
Manappuram Share Price Target 2025
Manappuram share price target 2025 Expected target could be ₹345. Here are three key factors that could affect Manappuram Finance’s share price target for 2025 growth:
- Diversification and Digital Expansion: Continued efforts in diversifying its loan portfolio, especially with a focus on microfinance, vehicle finance, and digital lending platforms, will help boost growth and attract more investors.
- Rural Market Penetration: Expanding into underserved rural areas with tailored financial products could increase the company’s customer base, enhancing overall revenue and positively impacting the share price.
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Economic Stability and Interest Rates: The broader economic environment, including inflation trends and interest rate policies, will play a significant role in shaping Manappuram’s cost of capital and lending demand, which in turn could influence its stock performance in 2025.
Manappuram Share Price Target 2030
Manappuram share price target 2030 Expected target could be ₹670. Here are three key factors affecting Manappuram’s share price target for 2030 growth:
- Technological Innovation and Fintech Adoption: The company’s ability to leverage advanced technologies such as artificial intelligence and blockchain for lending, credit scoring, and risk management will be crucial in maintaining a competitive edge.
- Regulatory Environment: Changes in financial regulations, particularly around gold loans and microfinance sectors, will significantly impact the company’s operations and profitability, affecting long-term growth.
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Sustainability and ESG Practices: Investors are increasingly focusing on environmental, social, and governance (ESG) criteria. Manappuram’s commitment to these practices will determine its appeal to a broader range of responsible investors, influencing its stock value over the long term.
Shareholding Pattern For Manappuram Finance Ltd
Promoter | 35.2% |
FII | 33% |
DII | 9.3% |
Public | 22.4% |
Others | 0% |
Manappuram Finance Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 54.18B | 29.81% |
Operating expense | 23.65B | 14.23% |
Net income | 21.89B | 46.30% |
Net profit margin | 40.40 | 12.72% |
Earnings per share | 19.59 | 30.95% |
EBITDA | — | — |
Effective tax rate | 25.75% | — |
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