Manappuram Share Price
Manappuram share price today is 164,60 USD with a volume of 3.336.509. At the same time, its chart fluctuates between 164,00 USD – 166,40 USD. Manappuram share price was a maximum of 187,25 USD and a minimum of 135,00 USD within 52 weeks. Its average volume is 7.614.500, and it is ranked 13.931 in the MarketCap listings. The target point of Manappuram share price at the end of 1 year is not clear yet.
Manappuram Finance Limited
Manappuram Finance Ltd (MAFIL) is an Indian non-banking finance company. Manappuram which is headquartered in Valapad, Thrissur, Kerala, has more than 4190 branches in 25 states and a workforce of over 190,00 people. The company was founded in 1949 by V.C.Padmanabhan. Manappuram General Finance and Leasing started its activities as a very modest usury business. Shri Nandakumar took over the management of this company in 1986 after her father died. Manappuram Finance Ltd was established in 1992 with its registered office in Valapad, Thrissur District, Kerala. Shortly after starting its activities, it brought “firsts” to its credit.
Firstly, the company became the first NBFC in Kerala to have a Certificate of Registration issued by RBI. It received an “MA” Credit Rating from the ICRA in 1995, recognizing the company’s ability to repay principal and interest on time under the then existing public deposit scheme. The company became the first NBFC to issue 1:1 bonus shares from Kerala in 2007 and repeated this success twice, in 2010 and 2011. Moreover, in 2007 the company received foreign Investment from FIIs and also received the highest short-term credit rating of A1+ from the ICRA. In 2010, it presented ESOPs to middle and senior management officers.
Does Manappuram Share Price Increase or Decrease?
Unfortunately, Manappuram share price remains below targets. Forecasts and focused targets apply to both short-term and long-term trading averages. June 11, 2021, Manappuram share price is trading at 164.60 and the closest share price targets are 163.1 and 165.5. Stock price levels during the day are calculated using pivot point calculations and are valid only on a 5-15 minute chart for tomorrow’s session. Manappuram share price forecast and short-term targets are in an uptrend and the closest possible stock price target is 173. Manappuram share price is currently trading at $164.60.
However, if there is an upside-down move at this point, a possible future stock price target could be 163. Manappuram share price forecast and medium-term targets are in an uptrend. The estimated the closest share price target could be 183 or 180.10. If the trend reverses from the stock’s current price, possible future stock price targets could be 163, 155, 143 or 135.00. Targets work as long-term support and resistance levels. Manappuram’s downside target on weekly share price targets is $156.78, and it appears to be $151.12. Manappuram Finance’s weekly share price target upside target appears to be $167.68 and $172.92.
If the stock trades below 162.02, it is more likely to meet downside targets, or if it is trading above 162.02, it is more likely to hit upside targets. Manappuram monthly share price targets are also available. The downside target is the first target at $148.95 and the second target at $135.00. The first target on the upside is $170.9 and the second target is $178.90. If Manappuram share price is trading below 156.95, downside targets are more likely to be met, and if it is trading above 156.95, upside targets are more likely to be met.
Let’s talk about Manappuram’s daily share price target planning. Downside target initial target is $163.60 and $162.60. The upside target is $166.00, and it is $167.40. If the stock price is trading below 165, it is more likely to meet downside targets, and if it is trading above 165, it is more likely to meet upside targets. This is not a financial advice. Do your own research before putting your money and invest the money that you can afford.