Manappuram Finance Reaches New High Amid Strong Small-Cap Market Momentum
Manappuram Finance, a small-cap NBFC, reached a new 52-week high of Rs. 296.8 on September 10, 2025, reflecting strong market performance. The stock has outperformed the Sensex over the past year, appreciating by 42.40%, while the broader market shows positive trends, particularly in small-cap stocks.
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. 296.8. This milestone was achieved on September 10, 2025, marking a notable performance in the market. The stock opened with a gain of 2.01%, reflecting a positive sentiment in line with sector trends.In terms of technical indicators, Manappuram Finance is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. Over the past year, the stock has delivered a robust performance, appreciating by 42.40%, contrasting sharply with the Sensex, which has seen a slight decline of 0.45% during the same period.
The broader market context shows the Sensex opening higher at 81,504.36, gaining 403.04 points, while small-cap stocks are leading the charge with the BSE Small Cap index up by 0.82%. Manappuram Finance's recent performance underscores its position within the competitive landscape of the NBFC sector.
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