Manappuram Finance Achieves 52-Week High Amid Positive Market Sentiment

Sep 09 2025 09:37 AM IST
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Manappuram Finance has reached a new 52-week high of Rs. 295.65, marking a notable increase of 43.53% over the past year. Despite a slight pullback after recent gains, the stock remains above key moving averages, reflecting a strong market position amid overall positive sentiment in the broader market.
Manappuram Finance, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today as its stock price reached a new 52-week high of Rs. 295.65. This milestone was achieved on September 9, 2025, reflecting a significant upward trend in the company's performance over the past year, with a remarkable increase of 43.53%. In contrast, the broader Sensex index has seen a slight decline of 0.65% during the same period.

Despite today's notable activity, the stock has experienced a slight pullback after two consecutive days of gains. Currently, Manappuram Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market.

The overall market sentiment remains positive, with the Sensex opening higher at 81,129.69, gaining 342.39 points (0.42%), although it is currently trading slightly lower at 81,079.56. The mega-cap stocks are leading this upward movement, contributing to the positive market dynamics. The stock's 52-week low stands at Rs. 138.4, highlighting its significant recovery over the past year.
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