Manappuram Finance Reaches New High Amid Strong Market Performance and Sector Outperformance

Manappuram Finance, a prominent player in the Non-Banking Financial Company (NBFC) sector, has shown significant activity today, reaching a new 52-week high of Rs. 253.9. This milestone was achieved on June 9, 2025, marking a notable performance as the stock has outperformed its sector by 0.68%. Over the past three days, Manappuram Finance has demonstrated a robust upward trend, gaining 8.42% during this period.
The stock's intraday high today was Rs. 253.9, reflecting a 2.4% increase. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.

In the broader market context, the Sensex opened higher at 82,574.55, gaining 385.56 points (0.47%) and is currently trading at 82,557.97. The index is just 4.14% away from its own 52-week high of 85,978.25. Notably, the small-cap segment is leading the market, with the BSE Small Cap index gaining 0.92%. Over the past year, Manappuram Finance has delivered a remarkable return of 40.98%, significantly outperforming the Sensex, which has risen by 7.65%.