Manappuram Finance Ltd. is a non-banking financial company, which engages in the provision of financial services, including gold loans, foreign exchange services, and remittances. The firm offers cash loan against gold pledge and also offers customers money transfers and foreign exchange services. It operates through Gold Loan and Others and Microfinance segments.
Manappuram Finance Ltd. Closing price is 258.9. Dividend Yield CMP = 1.41%. The positive aspects of the company are Stocks Outperforming their Industry Price Change in the Quarter, Companies with Zero Promoter Pledge, Dividend yield greater than sector dividend yield, Rising Net Cash Flow and Cash from Operating activity and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Increase in Provisions in Recent Results, Increasing Trend in Non-Core Income, Declining profits every quarter for the past 2 quarters and Insiders sold stocks.
Entry can be taken after closing above 262 Historical Resistance in the stock will be 274 and 283. PEAK Historic Resistance in the stock will be 297 and 309. Stop loss in the stock should be maintained at Closing below 246 or 231 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Manappuram Finance Ltd. Closing price is 258.9. Dividend Yield CMP = 1.41%. The positive aspects of the company are Stocks Outperforming their Industry Price Change in the Quarter, Companies with Zero Promoter Pledge, Dividend yield greater than sector dividend yield, Rising Net Cash Flow and Cash from Operating activity and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Increase in Provisions in Recent Results, Increasing Trend in Non-Core Income, Declining profits every quarter for the past 2 quarters and Insiders sold stocks.
Entry can be taken after closing above 262 Historical Resistance in the stock will be 274 and 283. PEAK Historic Resistance in the stock will be 297 and 309. Stop loss in the stock should be maintained at Closing below 246 or 231 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.