Other than the excessive free float in available shares, is Promoter (cum senior management) also a key parameter for Manappuram’s under-valuation vs Muthoot.
In Manappuram, Mr. VP Nandkumar is active, whereas his next generation doesn’t seems to to be much interested and active.
Whereas in Muthoot, it seems all the family members – almost 7 George – are actively involved in business. Hence, it appears not just some but they have full skin in game.
Their aggression on business expansion (Topline Growth) is visible from this news also – Google Pay partners with Muthoot Finance to sell gold-backed loans | Personal Finance – Business Standard
Hardly any such solid move on business front from Manappuram.
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