Manba Finance shares had an exciting start on the stock market, listing with a 25% premium over its initial price of ₹120 per share. On Monday, the stock opened at ₹150 on the BSE and ₹145 on the NSE. The strong buying continued, pushing the stock to an intraday high of ₹152.25 on the NSE, gaining an additional 5%. Soon after, the stock hit its upper circuit within minutes of listing.
Manba Finance is involved in two key business areas: two-wheeler loans and MSME loans. The company aims to capture 65% of the two-wheeler loan market and 35% of the MSME loan segment. Experts suggest that long-term investors can hold the stock, but those with short-term goals should consider selling around ₹160.
Expert Views on Manba Finance Share Outlook:
Arun Kejriwal, Founder of Kejriwal Research and Investment Services, commented that Manba Finance shares are listed in the trade-to-trade category, meaning the stock is expected to move steadily in one direction for the next 10 sessions. He suggests that short-term investors should book profits around ₹160 and exit.
For long-term investors, Akriti Mehrotra, a Research Analyst at StoxBox, sees strong growth potential. She noted that the Indian NBFC sector, especially in two-wheeler and MSME lending, is expected to grow rapidly. Manba Finance’s assets under management (AUM) grew by 37.5% from FY22 to FY24, while its profits reached ₹314.2 million. With expansion plans and improving financials, Mehrotra recommends holding the stock for the medium to long term for better returns.
Should You Buy, Sell, or Hold?
- Short-term investors: Consider selling at around ₹160.
- Long-term investors: Hold onto your shares as the company is set to benefit from future growth in the NBFC sector.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
