Manappuram Finance

Near term triggers
Gold price going up
IIFL down
Indian growth story
Awaiting branch expansion approval
Awaiting ashirwad ipo

Manappuram PE8
Muthoot PE 16
Manappuram valuations almost half while expected growth is more than muthoot ,more diversified than muthoot
Looks like sooner or later Manappuram valuations will catch up with muthoot

Sentiments and prospects looking very positive
Next couple of quarters will be interesting

How long PE of 8 will last in bull run lets see