March 1, 2025
India’s Manappuram Finance gains on report Bain Capital to buy controlling stake — TradingView News
 #IndiaFinance

India’s Manappuram Finance gains on report Bain Capital to buy controlling stake — TradingView News #IndiaFinance

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

#1a73e8;">Boost Your Financial Knowledge and Achieve Stability

Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.

#1a73e8;">Top Financial Tips for Saving and Investing

  • Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
  • Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
  • Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.

Leave a Reply

Your email address will not be published. Required fields are marked *