Company updateMoneycontrol
Motilal Oswal raises Manappuram target to Rs 360
Positive+39
GreyOak summary
Motilal Oswal raised its target price for Manappuram Finance to INR360 with a Neutral rating. The lender reported a 220% year-on-year rise in consolidated PAT to INR7 billion for 2QFY27. Gold loan AUM grew 6% quarter-on-quarter to INR606 billion, supporting the broker's growth estimates.
What it affects
- Manappuram FinanceMANAPPURAMPositive +39
2QFY27 PAT rose 220% YoY to INR7b.Rolling sentiment Positive +22
Source
Read the original at MoneycontrolMore Manappuram Finance news
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