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(Technical Analysis) Manappuram Finance Limited Share Price Target 2023, 2025, 2030, 2035, 2040

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Manappuram Finance limited share price target, Manappuram Finance limited share price, Manappuram Finance limited share, Manappuram Finance limited company details

Manappuram Finance limited company details

Manapurram Finance Limited
Manapurram Finance Limited

Manappuram Finance Limited is an Indian non-banking financial company, having headquarters in Valapad, Thrissur, Kerala. The organization was formed by the late VC Padmanabhan in the Thrissur district of Kerala. The company started its operations with money lending activities at a mild scale. The organization has more than 4000 branches across 25 states of the country. The primary products are forex and money transfer, commercial vehicle loan, gold loan, etc. More than 17000 employees are currently working with the company.

In this article, I will explain in brief the Manappuram Finance limited technical analysis and target price for the coming few years.

Also read HDFC share price target link

Manappuram Finance Limited Technical analysis

Manappuram Finance limited current stock price is INR 104.50. The company was listed on the Indian stock exchanges in 2010. Recently the stock has touched a high price of INR 217 in November 2021. 

Manappuram Finance share price trend analysis
Manappuram Finance share price trend analysis

The stock price is currently near the zone where it is likely to have upward momentum. Once the price touches the upper trend line it will likely retrace back for a short duration and then it will have an upward trend. 

Also read Muthoot finance share price target

The company has declared dividends several times a year ranging between 50 paise to 75 paise. This shows that the investors are likely to earn constant and regular returns on investment even without selling the stock. 

Both aggressive and conservative investors can enter into the trade between INR 100 and 125

Also read Bajaj finance share price target

Also read Bajaj Finserv share price target

Manappuram Finance Limited Target price

Manappuram Finance Limited is lightly to grow to all the states of the country and the networking of the business seems to be strengthening. The strategic planning of the business is based on increasing the business to the rural sector at the same pace as it expanded in the urban sector. Manappuram Finance share price target for 2023 is between INR 200 to 210. 

Manappuram finance limited has also planned to diversify the loan facility with an increase in revenue. However, there is a risk of an increase in the non-performing assets but they know how to manage them well. If the non-performing assets are maintained then the Manappuram finance share price target for 2025 is INR 330 to 350.

Manappuram Finance Limited has already provided the facility of doorstep gold loan, which is an added advantage and strength to complete the competitors. With this pace, Manappuram Finance share price target for 2030 is expected to cross INR 600.

Mannapuram Finance share price target for 2035 is INR 720 and for 2040 is INR 950.

Also read PFC share price target

Frequently asked questions

1. What is the future of Manappuram Finance share price?

The company is likely to have big momentum once it crosses the zone and it will touch the upper trend line. Anyone desiring to earn huge returns can enter into the trade between 100 and 125.

2. Is it the right time to invest in mannapuram finance share?

Yes, the current share price is the right entry position for swing trading.

3. Does Manappuram finance limited provides a good dividend over the investment in share?

Yes, the company has declared dividends three times in 2022 and four times in 2021. Although, the amount is minimal but you will have regular passive income.

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Disclaimer: If you want to invest in the stock market, you should consult your financial advisor before making a buying decision. You should assess the risk and study the company details. We are not responsible for any loss in investment

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