economictimes.indiatimes.com

economictimes.indiatimes.com Β·

Positive

manappuram finance shares fall 3 after q4 earnings heres why jefferies other brokerages are bullish

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The full article is on the original publisher site. This page only shows the headline and a very short excerpt.

AI insight

AI-generated

The article covers Manappuram Finance's Q4 earnings recovery and mixed broker views. The commercial mechanism is weak: no direct commodity/price impact, no supply chain disruption, no regulatory change. The primary sector is Indian gold loan NBFC (EM_BANKING). Impact is company-specific, not sector-wide. No concrete commercial mechanism beyond stock price reaction to earnings.

Signals our AI researcher identified

Extracted by our AI model from this article and related public sources β€” not direct quotes from the publisher.

  • Manappuram Finance Q4 FY26 net profit Rs 404 crore vs net loss Rs 191 crore in Q4 FY25.
  • Revenue from operations up ~11% YoY to Rs 2,614 crore.
  • Jefferies upgraded stock to 'Buy' with target Rs 360.
  • Morgan Stanley maintained 'Equal-weight' with target Rs 270, citing non-gold business concerns.
  • FY26 overall net profit declined over 17% to Rs 1,003 crore.