Manappuram Finance Reaches New High Amid Strong Small-Cap Market Momentum

Manappuram Finance, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has shown significant activity today, reaching a new 52-week high of Rs. 296.95. This milestone was achieved on September 16, 2025, marking a notable performance as the stock has outperformed its sector by 1.53%. Over the past three days, Manappuram Finance has consistently gained, accumulating a total return of 3.12%.
The stock's intraday high of Rs. 296.95 reflects a 2.01% increase for the day, indicating strong momentum. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust position in the market.

In the broader market context, the Sensex has also shown positive movement, rising 440.08 points to reach 82,292.19, and is now just 4.48% shy of its own 52-week high. The BSE Small Cap index is leading the market today, gaining 0.64%, further highlighting the favorable environment for small-cap stocks like Manappuram Finance. Over the past year, the company has delivered a remarkable 38.75% return, contrasting sharply with the Sensex's decline of 0.79%.