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May 13, 2016 Amid weak Sensex and Nifty, today Manappuram Finance hits 52 weeks high,
after the stock posted great quarter 4 (Q4) figures for Financial Year (FY 2015-16).
The Stock shot up 20 percent today after Manappuram Finance reported mind blowing growth of
87 percent year on year (YoY) in consolidated net profit at Rs 131 crore for Q4 of FY2015-16.
In comparison company’s consolidated net profit was Rs 70 crores in Q4 FY2014-15.
Company’s Net Interest Income also grew 45 percent to Rs 417 crore in Q4 FY2014-15 from Rs
287 crore in the corresponding quarter of Previous Fiscal.
At 2 pm, the stock of Manappuram Finance was up 18.50 percent at Rs 49.65 on the National
Stock Exchange (NSE).
For more informative, crisp and latest trending news on Stock Markets and Investment,
keep visiting www.moneypalm.in

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Manappuram Finance Hits 52 Weeks High

  • 1. May 13, 2016 Amid weak Sensex and Nifty, today Manappuram Finance hits 52 weeks high, after the stock posted great quarter 4 (Q4) figures for Financial Year (FY 2015-16). The Stock shot up 20 percent today after Manappuram Finance reported mind blowing growth of 87 percent year on year (YoY) in consolidated net profit at Rs 131 crore for Q4 of FY2015-16. In comparison company’s consolidated net profit was Rs 70 crores in Q4 FY2014-15. Company’s Net Interest Income also grew 45 percent to Rs 417 crore in Q4 FY2014-15 from Rs 287 crore in the corresponding quarter of Previous Fiscal. At 2 pm, the stock of Manappuram Finance was up 18.50 percent at Rs 49.65 on the National Stock Exchange (NSE). For more informative, crisp and latest trending news on Stock Markets and Investment, keep visiting www.moneypalm.in