Stock Market Update – Manappuram Share Price Target 2024 To 2030

Manappuram Finance is a brilliant name in the non-banking economic employer (NBFC) sector in India, specializing in gold loans. Over the years, the agency has received a strong foothold, especially in rural and semi – town areas. Founded in 1992, it has grown to turn out to be one of the most important gamers in its area of interest, offering a whole lot of monetary services which include gold loans, microfinance, vehicle loans, and insurance.

Current Financial Overview For Manappuram Finance Share Price 

Before diving into the destiny projections, let’s examine the cutting-edge financial statistics of Manappuram Finance: 

• Today’s Open: 202.51 
• Today’s High: 206.25
• Today’s Low: 202.16
• Current Share Price: 186.28
• Market Capital: 17,150 crore
• P/E:  7.65 
• Dividend Yield: 1.85 %
• 52 Week High: 230.40
• 52 Week Low: 125.35

Manappuram Finance Share Price Current Graph

Manappuram Share Price Target Tomorrow From 2024 To 2030

This analysis for upcoming years is based on market valuation, industrial trends, and expert analysis.

S. No.	Share Price Target Years	Share Target Value
	2024	253
	2025	343
	2026	393
	2027	449
	2028	513
	2029	585
	2030	670

Shareholding Pattern For Manappuram Share Price

• Promoters:  35.24 %
• Foreign Institutions: 33.00 %
• Domestic Institutions:  1.73 %
• Mutual Funds: 7.61  %
• Retail and Other: 22.42 %

Manappuram Annual Income Statement

 For detailed information regarding the annual income statement, refer to the given data. 

Particulars	Info 2024	Y/Y Change
Revenue	14.11B	+11.83 %
Operating Expenses	6.41 B	+12.23 %
Net Income	5.55 B	+11.84 %
Net Profit Margin	39.30	0.00 %
Earning Per Share	6.58	11.90 %
EBITDA	N/A	N/A
Effective Tax Rate	26.07 %	N/A

Factors Influencing the  Manappuram  Share Price 

• Market Trends : The fintech sector in India is rapidly expanding and is driven by increased digital adaptation and government initiatives.
• Strategies Acquisitions: Infibeams acquisition of a 54 % stake in Rediff Enhances its service offerings and market.
• Financial Performance: The company reported a 31% increase in net profit, contributing to positive investor sentiments. 
• Technological Advances:  Investment in AI for fraud detection is expected to boost security and user trust, further supporting growth.
• Investor Confidence: Despite recent challenges, a significant share price indicates renewed investor interest and confidence in the company’s future.