Manappuram I feel will infuse capital, and given it survived the challenges of COVID-19, I believe it can withstand any current or future hurdles. Currently, it’s trading near its book value. Similar to IIFL, once the ban is lifted, the stock could experience a rapid increase. The most attractive aspect of Manappuram is its extremely low valuation
CLSA 200
Morgan Stanley 170
Jefferies : 167
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