On 27th Dec Manappuram share price was trading at Rs. 62.80, touched the day’s high and low at Rs. 63.40 and Rs. 58.65. Around 44,96,926 shares were traded on the counter with a traded value of Rs. 2,744.47 lacs, as per NSE.
Manappuram Finance Ltd. was incorporated in the year 1992. It is a Mid Cap company which has a market cap of Rs. 4948.68 (Cr) and operates in the Finance sector.
In other news, The Ulhasnagar branch of Manappuram Finance was looted of approximately 32 kg of gold jewellery worth about Rs 9 crore. The security guard who manned the building is allegedly suspected to be the hand behind this crime. The CCTV footage showed two masked men before the network wires were cut off. However, the police think the miscreants could be more in number as the tools they left behind are heavy and need at least four or five to haul them. They entered the firm through the duct area behind its office, where the building's main water supply pipeline passes through.
For the quarter ended 30th Sept 2016, the company has reported consolidated sales of Rs. 839.29 Cr., up 12.91 from last quarter Sales of Rs. 743.34 Cr. and up 53.15 from last year same quarter Sales of Rs. 548.03 Cr. Company has reported net profit after tax of Rs. 193.55 Cr. in latest quarter.
Manappuram is a Multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in the long run.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Manappuram share price history.
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