Financial Insights That Matter
** Shares of Manappuram Finance Manabuplam climb as much as 3.8% to 209 rupees, last up 2.7%
** Bain Capital is nearing deal worth $1 bln with top shareholders of MNFL, The Economic Times newspaper reported
** Deal to acquire controlling stake in the gold loan financier, report added, citing sources
** Manappuram and Bain did not immediately respond to Reuters requests for comments
** Over 17.6 mln shares traded vs 30-day avg of 12.7 mln shares
** MNFL rated “hold” on avg, peer Muthoot Finance MUTHOOTFIN rated “buy” – LSEG data
** Year-to-date, MNFL, MUTT up ~7%, ~4%, respectively
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