Manipal Finance Corporation Ltd
Manipal Fin. Cor | 507938
Share Price Chart - Manipal Finance Corporation Ltd
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About Company
- Incorporated in March, 1984, Manipal Finance Corporation Limited was promoted by the Pais of Manipal
- The Company had commenced its business as a Non Banking Financial Company registered with Reserve Bank of India as 'Hire Purchase and Leasing Company'
- However, the Reserve Bank of India has since cancelled the registration of the Company and the Company has stopped activities of accepting deposits from public/debentures/subordinated debts, extending loans, hire purchase and leasing activities since July 01, 2002
- The present activity of the Company is mainly restricted to recovery of dues and repayment of the debts
- Efforts are being made to contact the individual investors to refund the unclaimed investments
- The company's rights issue in 1994 at a premium of Rs 5 received an overwhelming response
- During 1994-95, the company opened two new branches, at Nellyadi, Karnataka, and at Malad, Bombay
- The total number of branches of the company had increased to 50
- In view of the non-availability of sufficient limit for acceptance of deposits during 1994-95, the company could not attain the desired improvement in disbursements under its hire-purchase scheme
- With the enhancement in the net worth position of the company consequent to allotment of shares and creation of additional reserves as in Mar
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Manipal Finance Corporation Ltd?
The current share price of Manipal Finance Corporation Ltd (Manipal Fin. Cor) is ₹18.87. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Manipal Finance Corporation Ltd?
Manipal Finance Corporation Ltd has a 52-week high of ₹23.73 and a 52-week low of ₹9.50. This range shows the stock's price volatility over the past year.
What is the ROE of Manipal Finance Corporation Ltd?
Manipal Finance Corporation Ltd has a Return on Equity (ROE) of -2.09%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
