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Manappuram shares end 8% higher on Bain Capital deal, what analysts say?

Summary by The Hindu Business Line
Shares of Manappuram Finance rallied14 per cent to hit a 52-week high on Friday, after the announcement of Bain Capital acquiring 18% stake in the NBF

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Manappuram shares end 8% higher on Bain Capital deal, what analysts say?

Shares of Manappuram Finance rallied14 per cent to hit a 52-week high on Friday, after the announcement of Bain Capital acquiring 18% stake in the NBF

·New Delhi, India
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uniquetimes.orguniquetimes.org

Manappuram Finance Shares Surge 6% as Bain Capital Invests $508 Million

Shares of Manappuram Finance surged 6.3% to a record high of ₹231.08 on Friday after U.S. private equity firm Bain Capital announced plans to acquire an 18% stake in the gold loan provider for $508 million. The investment, priced at ₹236 per share, represents a 9% premium over Thursday’s closing price. Analysts believe this move will help streamline management succession, as founder and CEO V.P. Nandakumar transitions to a non-executive chairman…

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InvestingCubeInvestingCube

Manappuram Finance Surges on Bain Capital Deal and Strong Market Momentum

Manappuram Finance Ltd. (NSE: MANAPPURAM) is one of India’s leading gold loan and non-banking financial companies (NBFCs). It rallied to ₹235.24 and tested multi-month highs after a major investment from Bain Capital. The deal, which gives Bain a strategic influence over key decisions, including the right to nominate top executives like the CEO, has sparked a wave of investor confidence. Manappuram Finance Stock Price Action Today, shares are tr…

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IndianWeb2.comIndianWeb2.com

Bain Capital to Acquire Joint Control and Invest in Manappuram Finance’s Next Phase of Growth

Investment to drive expansion of the company’s renowned non-banking financial services platform building on Bain Capital’s deep financial services experience in India, as well as Manappuram Finance’s 75-year track record of excellenceBain Capital, a leading global private investment firm, today announced that it has entered into definitive agreements to acquire joint control in Manappuram Finance, a Kerala-based non-banking financial company and…

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IndianWeb2.com broke the news in on Thursday, March 20, 2025.
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