![]() Economic Times |
Manappuram Finance Poised for Biggest Two-Day Plunge in a Decade
Bloomberg Manappuram Finance Ltd. (MGFL) plunged for a second day after the Indian lender that accepts gold as collateral said falling prices of the yellow metal may trigger an increase in defaults and reduce fourth-quarter earnings. The shares dropped 11 … Manappuram Finance crashes 20% over loan losses; investors plan to notify Sebi Manappuram Finance Shares Slide Gold finance companies extend fall on growth concerns |