Manba Finance Ltd is a leading non-banking financial company (NBFC) in India, specializing in vehicle financing. Established in 1996, it primarily focuses on providing loans for two-wheelers, three-wheelers, and cars. Manba Finance is known for its customer-centric approach, offering quick and flexible financing solutions. Manba Finance Share Price on NSE as of 4 October 2024 is 138 INR. Here will provide you more details on Manba Finance Share Price Target 2024, 2025, 2026 to 2030.
Manba Finance Ltd: Market Overview
- Open Price: 140.00
- High Price: 143.00
- Low Price: 136.00
- Previous Close: 141.80
- Volume: 528,570
- Value (Lacs): 730.11
- VWAP: 139.33
- UC Limit: 148.89
- LC Limit: 134.71
- 52 Week High: 157.50
- 52 Week Low: 120.00
- Mkt Cap: 693Cr
- Face Value: 10
Manba Finance Ltd Competitors
Here are three competitors of Manba Finance Ltd along with their approximate market capitalizations:
- Muthoot Finance Ltd
- Market Capital: ₹42,000 crore
Muthoot Finance is one of the largest gold loan providers in India and a key competitor in the non-banking financial sector, offering a range of financial services similar to Manba Finance.
- Market Capital: ₹42,000 crore
- Bajaj Finance Ltd
- Market Capital: ₹4,50,000 crore
Bajaj Finance is a leading NBFC (Non-Banking Financial Company) in India, offering various lending products, making it a major competitor to Manba Finance.
- Market Capital: ₹4,50,000 crore
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Shriram Transport Finance Company Ltd
- Market Capital: ₹54,000 crore
Shriram Transport Finance specializes in commercial vehicle financing and is a prominent player in the financial services sector, competing with companies like Manba Finance.
- Market Capital: ₹54,000 crore
Manba Finance Share Price Chart
Manba Finance Share Price Target Tomorrow 2024 To 2030
Manba Finance Share Price Target YEARÂ | SHARE PRICE TARGETÂ |
2024 | ₹160 |
2025 | ₹187 |
2026 | ₹205 |
2027 | ₹230 |
2028 | ₹255 |
2029 | ₹280 |
2030 | ₹305 |
Manba Finance Share Price Target 2024
Manba Finance share price target 2024 Expected target could be ₹160. Here are three key factors that could affect the growth of Manba Finance Share Price Target in 2024:
- Loan Portfolio Expansion: Growth in Manba Finance’s loan portfolio, especially in vehicle financing, can drive revenue and profitability. If the company expands into new markets or increases its market share, it will positively impact its share price.
- Interest Rate Environment: Changes in interest rates by the Reserve Bank of India (RBI) can influence the cost of borrowing for Manba Finance. Lower rates make borrowing cheaper, which can boost demand for loans and improve the company’s margins.
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Asset Quality and NPA Management: The ability to manage non-performing assets (NPAs) effectively will be crucial. If Manba Finance maintains strong asset quality and keeps NPAs low, investor confidence will increase, supporting share price growth.
Manba Finance Share Price Target 2025
Manba Finance share price target 2025 Expected target could be ₹187. Here are three key factors that could affect the growth of Manba Finance Share Price Target in 2025:
- Digital Transformation and Technology Adoption: Manba Finance’s investment in digital platforms and fintech solutions could streamline operations, reduce costs, and enhance customer experience. Efficient use of technology to provide faster loan approvals and services may drive growth and attract more investors.
- Economic Recovery and Consumer Demand: The overall economic recovery and rise in consumer demand for loans, especially for vehicles and personal finance, will be key drivers. Strong demand for vehicle financing, Manba’s core business, can significantly contribute to revenue growth.
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Regulatory Environment and Compliance: Any changes in financial regulations, government policies, or RBI guidelines regarding the Non-Banking Financial Company (NBFC) sector can impact Manba Finance. Ensuring compliance with these regulations and adapting swiftly to any changes will be crucial for maintaining steady growth and investor confidence.
Manba Finance Share Price Target 2030
Manba Finance share price target 2030 Expected target could be ₹305. Here are three key factors that could affect the growth of Manba Finance Share Price Target in 2030:
- Long-term Economic Stability: The overall economic environment in India, including GDP growth, inflation rates, and employment levels, will influence the demand for loans and financial services. A stable economy with growing consumer spending and demand for vehicle financing could drive Manba Finance’s business growth in the long run.
- Expansion into New Markets and Products: Diversifying its product portfolio beyond vehicle financing and expanding into new geographical markets or offering innovative financial products could open up new revenue streams. This expansion can enhance Manba’s competitive edge and boost long-term share price growth.
- Sustainability and Risk Management: Effective management of credit risk, loan defaults, and asset quality over the years will be essential. Strong risk management practices, along with a focus on sustainable and responsible lending, will play a key role in ensuring consistent financial performance and share price growth by 2030.
Manba Finance Ltd Shareholding Pattern
- Promoter: 75.0%
- FII: 5.2%
- DII: 7.3%
- Public: 12.5%
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