Mannapuram Finance- Mid Cap NBFC Stock

Mannapuram Finance- Mid Cap NBFC Stock

Observations on Manappuram Finance- 

Current Market Price 113

Current PE of stock is 7.9 and Price to Book Value of 1.1

All time low PE 6.5 on March27 2020 and prior to this PE of 5.3 was last seen in GFC crash (Global Financial Crisis) in Jan 2009.

V.P. Nandkumar is the managing director and ceo of the company and off lately he has been buying shares in open market and promoters’ stake has also edged higher.

To know more on recent quarter results of the company please read through the article below

https://www.moneycontrol.com/news/business/earnings/manappuram-finance-net-up-11-pc-to-rs-409-cr-in-sept-quarter-9509601.html

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