Manraj Housing Finance Hits New 52-Week High at Rs. 58.9
Manraj Housing Finance has achieved a new 52-week high of Rs. 58.9, reflecting strong performance amid a declining broader market. The stock has gained 8.77% over two days and remains above key moving averages, showcasing its resilience and relative strength compared to the sector and the Sensex.
Manraj Housing Finance has reached a significant milestone by hitting a new 52-week high of Rs. 58.9 on September 24, 2025. This achievement marks a notable performance for the small-cap housing finance company, especially as it has outperformed its sector by 4.65% today. Over the past two days, the stock has shown a strong upward trend, gaining 8.77% in returns.Despite opening the day with a loss of 3.48%, the stock rebounded to touch an intraday high of Rs. 58.9, reflecting its resilience in the market. The stock's performance is further underscored by its trading position, as it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust trend.
In the broader market context, the Sensex has experienced a decline, falling by 219.49 points to 81,698.16. However, Manraj Housing Finance's performance stands out, especially when compared to the Sensex's one-year performance of -3.80%, highlighting the company's relative strength in a challenging market environment.
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