August 29, 2025

Manappuram Finance shares

Finance

Manappuram Finance shares will react to vehicle finance asset quality deteriorating in Q1

Shares of Manappuram Finance Ltd., known predominantly for gold financing, will be in focus on Monday, August 11, as the stock may react to its June quarter results that were reported after market hours on Friday. The company’s vehicle finance book has seen a significant deterioration in its asset quality, with Gross NPA rising to

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Finance

Manappuram Finance shares jump 14% as Bain Capital buys 18% stake for ₹4,385 crore

Shares of non-bank lender Manappuram Finance rose as much as 14% in intraday trade on Friday to hit a record high after private equity firm Bain Capital said it will be invest ₹4,385 crore to acquire an 18% stake in the Kerala-based non-banking financial company (NBFC). Bain Capital has entered into definitive agreements to acquire

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