Manipal Finance Corporation Achieves 52-Week High Amid Strong Market Performance

Jan 24 2025 02:05 PM IST
share
Share Via
Manipal Finance Corporation's stock has reached a new 52-week high, reflecting strong performance in the finance and non-banking financial company sector. The company has shown impressive annual returns and is trading above key moving averages, indicating a robust upward trajectory and effective operational strategies.
Manipal Finance Corporation has made headlines today as its stock price reached a new 52-week high of Rs. 10.02. This milestone reflects a significant upward trend, with the stock outperforming its sector by 5.76%. Over the past week, Manipal Finance has demonstrated impressive momentum, achieving a remarkable 40.14% increase in returns.

The microcap company, operating within the finance and non-banking financial company (NBFC) sector, has shown resilience and strong performance indicators. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trajectory.

In terms of annual performance, Manipal Finance Corporation has delivered a substantial return of 64.53% over the past year, significantly outpacing the Sensex, which recorded a gain of only 7.61% during the same period. This performance highlights the company's strong market position and the effectiveness of its operational strategies in a competitive financial landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Kanani Industries Ltd is Rated Strong Sell
51 minutes ago
share
Share Via
Shiva Texyarn Ltd is Rated Sell
51 minutes ago
share
Share Via
Riba Textiles Ltd is Rated Sell
51 minutes ago
share
Share Via
Piramal Pharma Ltd is Rated Strong Sell
51 minutes ago
share
Share Via
Infibeam Avenues Ltd is Rated Hold
51 minutes ago
share
Share Via