{"id":90443,"date":"2026-05-22T11:53:49","date_gmt":"2026-05-22T06:23:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=90443"},"modified":"2026-05-22T11:53:50","modified_gmt":"2026-05-22T06:23:50","slug":"manappuram-finance-analyst-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/","title":{"rendered":"Manappuram Finance Analyst Review May 2026"},"content":{"rendered":"<div class=\"meta-block\">\u00a0<\/div>\n<p>This <strong><a href=\"https:\/\/univest.in\/user\/stocks\/manappuram\/manappuram-finance-ltd-share-price-today\">Manappuram Finance<\/a> analyst review<\/strong> for May 2026 covers the key data investors need for MANAPPURAM at its current price of Rs 298.10. Manappuram Finance (NSE: MANAPPURAM) is India&#8217;s second largest gold loan NBFC with a market capitalisation of approximately Rs 25,748 crore, serving 4.8 million customers through 4,600 plus branches. The analyst consensus target of Rs 350 implies meaningful upside, and this <strong>Manappuram Finance analyst review<\/strong> examines technical levels, business performance, valuation, and key risks that will determine whether MANAPPURAM achieves that target through FY27.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Manappuram_Finance_Company_Snapshot_May_2026\" title=\"Manappuram Finance Company Snapshot May 2026\">Manappuram Finance Company Snapshot May 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Analyst_Insight_in_This_Manappuram_Finance_Analyst_Review\" title=\"Analyst Insight in This Manappuram Finance Analyst Review\">Analyst Insight in This Manappuram Finance Analyst Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Technical_Analysis_in_This_Manappuram_Finance_Analyst_Review\" title=\"Technical Analysis in This Manappuram Finance Analyst Review\">Technical Analysis in This Manappuram Finance Analyst Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Key_Support_and_Resistance_Levels\" title=\"Key Support and Resistance Levels\">Key Support and Resistance Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Business_Segment_Analysis\" title=\"Business Segment Analysis\">Business Segment Analysis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Gold_Loan_Business_Core_%E2%80%93_4600_Plus_Branches\" title=\"Gold Loan Business (Core &#8211; 4,600 Plus Branches)\">Gold Loan Business (Core &#8211; 4,600 Plus Branches)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Asirvad_Microfinance_Rural_and_Semi-Urban_Credit\" title=\"Asirvad Microfinance (Rural and Semi-Urban Credit)\">Asirvad Microfinance (Rural and Semi-Urban Credit)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Housing_Finance_and_Vehicle_Loans\" title=\"Housing Finance and Vehicle Loans\">Housing Finance and Vehicle Loans<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Valuation_in_This_Manappuram_Finance_Analyst_Review\" title=\"Valuation in This Manappuram Finance Analyst Review\">Valuation in This Manappuram Finance Analyst Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Trade_Outlook_for_Manappuram_Finance\" title=\"Trade Outlook for Manappuram Finance\">Trade Outlook for Manappuram Finance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Key_Risks_for_Manappuram_Finance_in_FY27\" title=\"Key Risks for Manappuram Finance in FY27\">Key Risks for Manappuram Finance in FY27<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Conclusion_Manappuram_Finance_Analyst_Review_Verdict_for_2026\" title=\"Conclusion: Manappuram Finance Analyst Review Verdict for 2026\">Conclusion: Manappuram Finance Analyst Review Verdict for 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Frequently_Asked_Questions_Manappuram_Finance_Analyst_Review_2026\" title=\"Frequently Asked Questions: Manappuram Finance Analyst Review 2026\">Frequently Asked Questions: Manappuram Finance Analyst Review 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#What_is_the_analyst_target_for_Manappuram_Finance_in_2026\" title=\"What is the analyst target for Manappuram Finance in 2026?\">What is the analyst target for Manappuram Finance in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Is_Manappuram_Finance_a_good_investment_at_Rs_29810\" title=\"Is Manappuram Finance a good investment at Rs 298.10?\">Is Manappuram Finance a good investment at Rs 298.10?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#What_is_Manappuram_Finances_52-week_high_and_low\" title=\"What is Manappuram Finance&#8217;s 52-week high and low?\">What is Manappuram Finance&#8217;s 52-week high and low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#What_are_the_key_risks_for_Manappuram_Finance\" title=\"What are the key risks for Manappuram Finance?\">What are the key risks for Manappuram Finance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/manappuram-finance-analyst-review-2026\/#Where_can_I_track_live_data_for_Manappuram_Finance\" title=\"Where can I track live data for Manappuram Finance?\">Where can I track live data for Manappuram Finance?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Manappuram_Finance_Company_Snapshot_May_2026\"><\/span><strong>Manappuram Finance Company Snapshot May 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Manappuram&#8217;s gold loan AUM exceeds Rs 25,000 crore, growing at 20 percent YoY. Microfinance (Asirvad), housing, and vehicle finance subsidiaries add diversification. The RBI LTV relaxation on gold loans is a positive regulatory tailwind. The table below summarises the key data referenced in this <strong>Manappuram Finance analyst review<\/strong>.<\/p>\n<table>\n<tbody>\n<tr>\n<th>Parameter<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>MANAPPURAM<\/td>\n<\/tr>\n<tr>\n<td>Sector<\/td>\n<td>NBFC &#8211; Gold Loans<\/td>\n<\/tr>\n<tr>\n<td>CMP (May 2026)<\/td>\n<td>Rs 298.10<\/td>\n<\/tr>\n<tr>\n<td>52 Week High<\/td>\n<td>Rs 321.60<\/td>\n<\/tr>\n<tr>\n<td>52 Week Low<\/td>\n<td>Rs 227.55<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 25,748 Crore<\/td>\n<\/tr>\n<tr>\n<td>Trailing P\/E<\/td>\n<td>16x<\/td>\n<\/tr>\n<tr>\n<td>Analyst Consensus Target<\/td>\n<td>Rs 350<\/td>\n<\/tr>\n<tr>\n<td>Bull Case Target<\/td>\n<td>Rs 430<\/td>\n<\/tr>\n<tr>\n<td>Bear Case Target<\/td>\n<td>Rs 230<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Analyst_Insight_in_This_Manappuram_Finance_Analyst_Review\"><\/span><strong>Analyst Insight in This Manappuram Finance Analyst Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Senior Research Analyst <strong>Ankit Jaiswal<\/strong> flags Manappuram Finance as a stock to watch in May 2026. At Rs 298.10, Ankit Jaiswal identifies key support in the Rs 232 to Rs 283 band and resistance near Rs 316. He suggests watching Manappuram Finance for a potential move toward Rs 350, subject to NBFC &#8211; Gold Loans sector momentum and Nifty 50 direction. Ankit Jaiswal&#8217;s view is one input in this <strong>Manappuram Finance analyst review<\/strong> and does not constitute a trade recommendation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technical_Analysis_in_This_Manappuram_Finance_Analyst_Review\"><\/span><strong>Technical Analysis in This Manappuram Finance Analyst Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At Rs 298.10, MANAPPURAM is trading within its 52-week band of Rs 227.55 to Rs 321.60. The current position relative to the 52-week high and low is the first layer of technical context for any entry or exit decision. Momentum indicators including the 14-day RSI, MACD crossover, and volume trends are useful secondary signals to monitor alongside the Nifty 50 direction.<\/p>\n<p>Near-term support is identified in the Rs 232 to Rs 283 band while resistance is seen in the Rs 316 to Rs 324 zone. A sustained move above Rs 316 could open the path toward the analyst consensus target of Rs 350.<\/p>\n<p><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen the best stocks on the Univest Screener.<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Support_and_Resistance_Levels\"><\/span><strong>Key Support and Resistance Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Support Zone:<\/strong> Rs 232 to Rs 283 &#8211; investors tracking this <strong>Manappuram Finance analyst review<\/strong> should watch for stabilisation or a bounce in this range as a potential accumulation signal for MANAPPURAM.<\/li>\n<li><strong>Resistance Zone:<\/strong> Rs 316 to Rs 324 &#8211; a sustained close above Rs 316 would be a positive breakout signal worth flagging in this <strong>Manappuram Finance analyst review<\/strong>.<\/li>\n<li><strong>Medium-Term Target:<\/strong> The analyst consensus of Rs 350 represents the base-case upside scenario identified in this <strong>Manappuram Finance analyst review<\/strong>.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Business_Segment_Analysis\"><\/span><strong>Business Segment Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Gold_Loan_Business_Core_%E2%80%93_4600_Plus_Branches\"><\/span><strong>Gold Loan Business (Core &#8211; 4,600 Plus Branches)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is the primary revenue and margin driver for Manappuram Finance, directly supporting the earnings trajectory toward the consensus target of Rs 350.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Asirvad_Microfinance_Rural_and_Semi-Urban_Credit\"><\/span><strong>Asirvad Microfinance (Rural and Semi-Urban Credit)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This segment adds scale and diversification to Manappuram Finance&#8217;s business model and is a meaningful EPS contributor through FY27 and FY28.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Housing_Finance_and_Vehicle_Loans\"><\/span><strong>Housing Finance and Vehicle Loans<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This represents the medium-term growth frontier for Manappuram Finance and a key re-rating catalyst for the stock over the next 12 to 24 months.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_in_This_Manappuram_Finance_Analyst_Review\"><\/span><strong>Valuation in This Manappuram Finance Analyst Review<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At Rs 298.10, Manappuram Finance trades at a trailing P\/E of 16x. This <strong>Manappuram Finance analyst review<\/strong> presents three valuation scenarios: a bull case of Rs 430 on strong earnings delivery and sector tailwinds, a base case of Rs 350 at analyst consensus, and a bear case of Rs 230 if macro headwinds persist. Q1 FY27 results will be the first key checkpoint for this <strong>Manappuram Finance analyst review<\/strong>.<\/p>\n<table>\n<tbody>\n<tr>\n<th>Scenario<\/th>\n<th>Target Price<\/th>\n<th>Key Condition<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 430<\/td>\n<td>Strong earnings delivery and sector re-rating<\/td>\n<\/tr>\n<tr>\n<td>Base Case (Consensus)<\/td>\n<td>Rs 350<\/td>\n<td>Moderate growth, analyst consensus estimate<\/td>\n<\/tr>\n<tr>\n<td>Bear Case<\/td>\n<td>Rs 230<\/td>\n<td>Earnings miss or macro headwinds<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Trade_Outlook_for_Manappuram_Finance\"><\/span><strong>Trade Outlook for Manappuram Finance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Based on the technical and fundamental analysis in this <strong>Manappuram Finance analyst review<\/strong>, investors might watch MANAPPURAM near the support zone of Rs 232 to Rs 283 for potential opportunities. A flag above Rs 316 could suggest improving momentum toward Rs 350. This article uses watch-and-flag language only and does not constitute a trade recommendation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_for_Manappuram_Finance_in_FY27\"><\/span><strong>Key Risks for Manappuram Finance in FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A well-rounded <strong>Manappuram Finance analyst review<\/strong> must assess downside risks. Key risks for Manappuram Finance include a macro slowdown affecting NBFC &#8211; Gold Loans sector demand, input cost or regulatory headwinds compressing margins, continued FII selling from Indian equities, and earnings estimate downgrades if Q1 FY27 guidance disappoints. Market conditions may change rapidly. This analysis is not financial advice; investors should perform their own due diligence before investing in MANAPPURAM.<\/p>\n<p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or the <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get daily stock recommendations and expert research.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Manappuram_Finance_Analyst_Review_Verdict_for_2026\"><\/span><strong>Conclusion: Manappuram Finance Analyst Review Verdict for 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This <strong>Manappuram Finance analyst review<\/strong> concludes that at Rs 298.10, MANAPPURAM offers a defined risk-reward with a consensus target of Rs 350. The 52-week range of Rs 227.55 to Rs 321.60 provides context on the current entry point. Use this <strong>Manappuram Finance analyst review<\/strong> as a research starting point and consult a SEBI-registered financial advisor before making any investment decisions on MANAPPURAM.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_Manappuram_Finance_Analyst_Review_2026\"><\/span><strong>Frequently Asked Questions: Manappuram Finance Analyst Review 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_analyst_target_for_Manappuram_Finance_in_2026\"><\/span><strong>What is the analyst target for Manappuram Finance in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The analyst consensus target is Rs 350, with a bull case of Rs 430 and a bear case of Rs 230. Monitor Q1 FY27 earnings for confirmation as highlighted in this <strong>Manappuram Finance analyst review<\/strong>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Manappuram_Finance_a_good_investment_at_Rs_29810\"><\/span><strong>Is Manappuram Finance a good investment at Rs 298.10?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 298.10 with a P\/E of 16x and a consensus target of Rs 350, this <strong>Manappuram Finance analyst review<\/strong> is constructive for medium to long-term investors in the NBFC &#8211; Gold Loans sector. Always consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Manappuram_Finances_52-week_high_and_low\"><\/span><strong>What is Manappuram Finance&#8217;s 52-week high and low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 52-week high is Rs 321.60 and the 52-week low is Rs 227.55. At Rs 298.10, MANAPPURAM is positioned within this range as noted in this <strong>Manappuram Finance analyst review<\/strong>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_for_Manappuram_Finance\"><\/span><strong>What are the key risks for Manappuram Finance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Key risks include macro slowdown, input cost pressures, FII selling, and regulatory changes in the NBFC &#8211; Gold Loans sector as assessed in this <strong>Manappuram Finance analyst review<\/strong>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_track_live_data_for_Manappuram_Finance\"><\/span><strong>Where can I track live data for Manappuram Finance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Track Manappuram Finance&#8217;s live price and analyst targets on the Univest Screener alongside professional financial advice to complement this <strong>Manappuram Finance analyst review<\/strong>.<\/p>\n<p><em>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions.<\/em><\/p><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Manappuram Finance analyst review 2026: CMP Rs 298.10, MCap Rs 25,748 Cr, PE 16x. NBFC &#8211; Gold Loans outlook and technical levels. 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