Manappuram Finance Ltd -Consistent Performer even during corona pandemic

  Highest ever last 12 months revenue and profit Keep in mind: whenever company’s growth is highest ever, stock will definitely achieve is h...

 

Highest ever last 12 months revenue and profit

Keep in mind: whenever company’s growth is highest ever, stock will definitely achieve is highest price

 

If we see the pre pandemic level stock traded highest level at 187 prices, currently since long time stock in accumulative stage. (current : 148.50 price)

If we see the peer comparison, it is available at low PE 7.61, Highly profit-making company with ROCE 16.05%Even if company equals the PE of other peer, stock has potential to grow 3 times(3X).

Promoters holding is in safe hand

As per technical chart pattern and channel breakout strategy indicate to buy this stock. (refer red line in below chart pattern)

Reference:

1.       Screener.in

2.       Tradingview.com

3.       Moneycontrol.com

Disclaimer:I am not SEBI approved Analyst or advisor. Investor/Traders must do his/her own Study and analysis before investing