AUTHOR:

Megha L. Kulkarni

Roll No. 89

Kohinoor Business School, MMS I(2018-2020)

INTRODUCTION:  Manappuram Finance Ltd is a non-banking financial company.  It was founded in 1949 by late V.C. Padmanabhan in Thrissur District ( Kerala). Manappuram has over 4208  branches across 28 states with Assets Under Management (AUM) of Rs.166.18 billion and a workforce of 24,717. The Firm was involved in pawn broking and money lending carried out on a modest scale. The Share Price of Manappuram Finance Ltd was 115.25 INR on 1st March 2019.

OBJECTIVE: To find the relationship of Manappuram Finance Ltd with Nifty. To calculate the Beta of Manappuram Finance Ltd.

VIEW/ REVIEWS

-Aswin Nandakumar ( Chairperson of  Manappuram Finance Ltd.)

The India growth story holds a lot of promise , as borne out by the resent upgrade  by Moody’s  in the country’s  rating and by the World Bank’s ease of doing business survey.A strong Government  with high quality governance can help India achieve a double – digit growth

-Suraj Pandey

Great Investment Company (Rating=4/5)

Gold loans manappuram company is a good way for those people who wants to increase his wealth by investing money .Manappuram gives more cash-back by investing money as banksor other investing gives that.

Other Reviews On Manappuram Finance Ltd

 

 

shibupj117 

 

Manaoouram finance in good

 Mar 27, 2017 09:03 PM  

Manappuram finance is very good financer,in am two years experiance .intrest is very low but currect due date.any time cash payment.online intrest deposit is very usefull.any time cash.staff service very nice.i am using ernakulam district patahalam branch.any details send my phone number or email address.online payment is very usefull.net banking or debit card accepted.unfortunatly very very usfull manappuram finance.

 

 

DATA COLLECTION : I collected this data from nifty fifty for date 1feb 2018 to 31 march 2019 then I found Friday closing price for nifty fifty as well as Manappuram Co. I also found returns of nifty fifty as well as company.

DATA ANALYSIS: Utilizing the Regression Add-on in Microsoft Excel Data Analytics tool below values were acquired

R Square = R^2 = 0.006437
a = 31.71135
b = 2.840204
F = 0.298
P value =  0.587777

Below expression shows the relationship model between Manappuram Finance and NIFTY50 weekly returns :