Manappuram Finance Shows Signs of Trend Reversal Amid Broader Market Momentum

Manappuram Finance, a prominent player in the Non-Banking Financial Company (NBFC) sector, has shown notable activity today, gaining 3.31% on August 4, 2025. This uptick comes after a seven-day streak of declines, marking a potential trend reversal. The stock reached an intraday high of Rs 257.2, reflecting a 3.75% increase during the trading session.
In terms of performance metrics, Manappuram Finance has outperformed its sector by 2.42% today. Over the past week, the stock has seen a decline of 1.22%, while its one-month performance shows a decrease of 7.46%. However, on a longer-term basis, the stock has demonstrated resilience, with a 10.70% increase over the past three months and an impressive 21.72% rise over the past year.

Currently, Manappuram Finance's moving averages indicate that it is trading higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages. As the broader market shows positive momentum, with the Sensex trading at 80,878.58, Manappuram Finance continues to navigate its position within the financial landscape.