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Manappuram Finance gains on launching of door-step service for gold loans in Chennai

20 Dec 2018 Evaluate

Manappuram Finance is currently trading at Rs 91.45, up by 0.15 points or 0.16% from its previous closing of Rs 91.30 on the BSE.

The scrip opened at Rs 92.00 and has touched a high and low of Rs 92.00 and Rs 90.15 respectively. So far 20672 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 130.45 on 09-May-2018 and a 52 week low of Rs 66.40 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs 93.00 and Rs 86.40 respectively. The current market cap of the company is Rs 7694.85 crore.

The promoters holding in the company stood at 35.14%, while Institutions and Non-Institutions held 44.93% and 19.93% respectively.

Manappuram Finance has launched a new door-step service for gold loans in Chennai. It is launched initially in Bangalore as a pilot project at 5 branches, the service has now been extended to 100 branches in the city, with one branch providing the doorstep service 24x7.

These services are also available at 107 branches in Chennai. The doorstep service relieves customers of the security risks of travelling long distances while carrying gold and they can avail gold loan from the comfort of their home or office.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.

Manappuram Finance Share Price

269.10 0.95 (0.35%)
17-Apr-2026 16:59 View Price Chart
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