31 Oct 2025 | 3 Mins Read
Manappuram Finance shares downgraded following Q2 results
Flipitmoney
CLSA downgraded Manappuram Finance to "hold" after Q2 earnings, citing 12% miss on standalone PAT due to higher credit costs and Asirvad MFI's loss. Analysts have a "neutral" view with 5 "buy", 9 "hold", and 3 "sell" ratings. CLSA and Jefferies reduced price targets to ₹290 and ₹285, respectively, implying a 1.3% potential downside.