MAGMA FINCORP – Dark Horse for LONGTERM – Can it AGAIN Cross it’s all time high 194?

CMP – 18.50
MARKET CAP – 498cr
BOOK VALUE – 102
52wk HIGH/LOW – 138/13
5 Year HIGH/LOW – 194/13
FACE VALUE – 2
DIVIDEND YIELD – 4.32%
FY20 EXPECTED EPS – 4.50

Magma Fincorp hold 24% Stake in Sonalika Tractors which is valued at 1200 cr and company current market cap is 498cr.

Company has Well Diversified portfolio like Affordable Housing Finance ,SME Finance,General Insurance,Asset Backed Finance Across all Segment even Area wise Geographically.AUM – 16500cr.

Disc – All views expressed are personal and only for Educational and study purpose only.Consult your financial advisor before investing or taking any position based on above article.

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