Amber Enterprises India Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 9410.66 Crore) operating in Consumer Durables sector.
Strides Pharma Science Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 7243.98 Crore) operating in Pharmaceuticals sector.
Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 12562.28 Crore) operating in Chemicals sector.
Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 103202.20 Crore) operating in Gas & Petroleum sector.
Motilal Oswal has buy call on
Manappuram Finance with a target price of Rs 205. The current market price of Manappuram Finance Ltd. is Rs 153.7.
Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 13029.79 Crore) operating in NBFC sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1630.25 Crore, down -1.20 % from last quarter Total Income of Rs 1650.00 Crore and up .75 % from last year same quarter Total Income of Rs 1618.15 Crore. Company reported net profit after tax of Rs 468.35 Crore in latest quarter.
The slowdown in the Gold Finance segment is a one-time blip due to a sharp correction in gold prices. The short loan tenure (three months v/s the industry average of 6-12 months) is resulting in a quicker downward re-pricing. Over the medium term, the brokerage expect MGFL to deliver 10-15% steady-state gold loan growth. In the other segments, there is a clear turnaro