{
  "id": 633380,
  "title": "Manappuram Finance shares jump 3% after Q1 profit soars 4x. Why Jefferies, Morgan Stanley raised target prices",
  "url": "https://urgent.news/2026/08/12/manappuram-finance-shares-jump-3-after-q1-profit-soars-4x-why",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T04:25:28.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/manappuram-finance-shares-jump-3-after-q1-profit-soars-4x-why-jefferies-morgan-stanley-raised-target-prices/articleshow/133169916.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Manappuram Finance shares witnessed an uptick on Wednesday after Q1 FY27 profit surged nearly four-fold to Rs 585 crore. Jefferies raised its target price to Rs 430, citing better NII and lower provisions, while Morgan Stanley also raised its target. CLSA retained a Hold rating, with a Rs 350 target price.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Manappuram Finance shares erase gains despite Q1 profit rise",
        "url": "https://urgent.news/2026/08/12/manappuram-finance-shares-erase-gains-despite-q1-profit-rise",
        "published": "2026-08-12T04:40:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}