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About Manipal Finance Corporation Ltd
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Incorporated in Mar.`84, Manipal Finance Corporation was promoted by the Pais of Manipal. The company is engaged in hire purchase, financing and leasing of industrial and commercial goods and vehicles, general finance, agency guarantee and indemnity. The company`s rights issue in 1994 at a premium of Rs 5 received an overwhelming response. During 1994-95, the company opened two new branches, at Nellyadi, Karnataka, and at Malad, Bombay. The total number of branches of the company stands increased at 50. In view of the non-availability of sufficient limit for acceptance of deposits during 1994-95, the company could not attain the desired improvement in disbursements under its hire-purchase scheme. With the enhancement in the net worth position of the company consequent to allotment of shares and creation of additional reserves as in Mar.`95, the company could improve its borrowing strength. The company suffered a loss of Rs.1591.16 lakhs for the year 1999-2000, as compared to Rs.177.54 lakhs in the previous year. The company is planning to widen its business prospects in the field of Money Tranfer activity.
Manipal Finance Corporation share price as on 13 Jun 2025 is Rs. 19.04. Over the past 6 months, the Manipal Finance Corporation share price has increased by 179.59% and in the last one year, it has increased by 261.98%. The 52-week low for Manipal Finance Corporation share price was Rs. 5 and 52-week high was Rs. 21.73.
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Manipal Finance Corporation Ltd FAQs
You can buy Manipal Finance Corporation Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Manipal Finance Corporation Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 10, 2025 04:01 PM the closing price of Manipal Finance Corporation Ltd was Rs.19.04.
The latest PE ratio of Manipal Finance Corporation Ltd as of Jun 10, 2025 04:01 PM is 0.00
The latest PB ratio of Manipal Finance Corporation Ltd as of Jun 10, 2025 04:01 PM is -0.48
The 52-week high of Manipal Finance Corporation Ltd share price is Rs. 21.73 while the 52-week low is Rs. 5.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 10, 2025 04:01 PM, the market cap of Manipal Finance Corporation Ltd stood at Rs. 15.96 Cr.
Market Outlook
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