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Manappuram General Finance And Leasing (UBS) Declining wholesale rates is a positive |
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Six month CD rates declined 50 bps in last two weeks;Growth outlook healthy, asset quality risks appear low;Risks – potential regulatory changes, higher competition from banks;Valuation: Looks attractive; reiterate Buy | Date | Rating | Target Price | Recommendation Price | Broker house | | 21 Jun 2011 | buy | 77 | 56 | UBS Report | |
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Manappuram General Finance And Leasing (India Infoline) Comfortably placed |
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Fastest growing gold loan company; 8x AUM growth over FY09-11;New branches to drive 45% AUM CAGR over FY11-13E;NIM to contract on declining yield and increase in funding cost;Operating leverage to cushion RoA while RoE to improve | Date | Rating | Target Price | Recommendation Price | Broker house | | 21 Jun 2011 | buy | 73 | 57 | India Infoline Report | |
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Manappuram General Leasing and Finance (UBS) Attractive despite near-term challenges |
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India Mid-Cap Premier League - Time to stock pick, again;Regulatory change and tight liquidity could impact NIM | Date | Rating | Target Price | Recommendation Price | Broker house | | 31 May 2011 | buy | 155 | 111 | UBS Report | |
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manappuram general finance (emkay) Robust earnings but RoEs capped now |
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Manappuram General Finance (emkay) |
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 18 Oct 2010 |
Hold (from Buy) |
160 |
150 |
Emkay report |
Reports.DesiStockResearch.com |
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Manappuram General Finance (emkay) |
Strong operating performance
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 21 July 2010 |
Buy |
90 |
76 |
Emkay report |
links
Reports.DesiStockResearch.com |
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Manappuram General Leasing and Finance (Emkay) |
Manappuram General Leasing and Finance
| Date |
Rating |
Target Price |
Recommendation Price |
Broker house |
| 13 May 2010 |
Buy |
90 |
78 |
Emkay report |
Reuters LinkReuters India Link
Reports.DesiStockResearch.com |