http://bfsi.eletsonline.com/manappuram-finance-ltd-catering-to-demands-at-forefront-of-technology/
http://www.ashikagroup.com/UploadResearch/636239757418033118_Manappuram_Finance_Ltd..pdf
They just change the target price by 10-25% and serve by adding little bit more flavours
So all research analysts have come up with a target price of 120-140
i guess these research activists just copy paste each other’s reports