Manappuram Finance Reaches New High Amid Strong Market Momentum and Recovery

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. 295. This milestone was achieved on September 8, 2025, marking a notable performance as the stock outperformed its sector by 2.96%. Over the past two days, Manappuram Finance has recorded a consecutive gain, rising by 3.87%.
The stock's intraday high of Rs. 295 reflects a 3.27% increase, 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 opened higher at 80,904.40, gaining 193.64 points (0.24%), and is currently trading at 80,877.97 (0.21%). While the Sensex is trading below its 50-day moving average, the 50-day moving average itself is above the 200-day moving average. Notably, Manappuram Finance has delivered a remarkable 42.74% return over the past year, contrasting sharply with the Sensex's performance of -0.38%. The stock's 52-week low stands at Rs. 138.4, highlighting its significant recovery.