Mena Mani Industries Ltd Hits New 52-Week High at Rs.9.03

Strong Rally and Price Momentum

The stock has demonstrated robust performance, gaining consistently over the past six trading days. During this period, Mena Mani Industries Ltd delivered a cumulative return of 15.47%, underscoring a notable uptrend. Today’s price surge of 5.00% further cemented its position above key technical levels, pushing the stock to its highest price point in a year.

Trading at Rs.9.03, the stock has more than recovered from its 52-week low of Rs.4.94, representing an impressive appreciation of over 82.6% from that trough. This rally has been supported by the stock trading above all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling strong technical strength and positive investor sentiment within the trading community.

Sector and Market Context

Within the NBFC sector, Mena Mani Industries Ltd’s performance has outpaced its peers, with the stock outperforming the sector by 5.04% on the day. Over the past year, the company’s stock has delivered a total return of 25.07%, significantly higher than the Sensex’s 8.73% gain over the same period. This relative outperformance highlights the stock’s resilience and appeal amid broader market conditions.

The broader market environment has also been supportive. The Sensex opened flat but gained momentum to trade at 85,321.82 points, up 0.12% on the day. The index remains close to its own 52-week high of 86,159.02, just 0.98% away, with mega-cap stocks leading the advance. The Sensex’s position above its 50-day moving average, which itself is above the 200-day moving average, indicates a bullish market trend that has likely contributed to the positive sentiment surrounding Mena Mani Industries Ltd.

Mojo Score and Ratings Update

Mena Mani Industries Ltd currently holds a Mojo Score of 46.0, with a Mojo Grade of Sell as of 18 Dec 2025. This represents an upgrade from its previous Strong Sell rating, indicating some improvement in the company’s overall assessment metrics. The Market Capitalisation Grade stands at 4, reflecting the company’s micro-cap status within the NBFC sector.

While the Mojo Grade remains on the cautious side, the recent price action and technical indicators suggest a positive shift in market perception. The upgrade in rating, albeit modest, aligns with the stock’s recent price strength and improved trading momentum.

Technical Indicators and Moving Averages

The stock’s position above all major moving averages is a key technical highlight. Trading above the 5-day and 20-day moving averages indicates short-term strength, while remaining above the 50-day, 100-day, and 200-day averages confirms a sustained medium- to long-term uptrend. This alignment of moving averages often signals a healthy bullish trend and can attract further trading interest from momentum-driven participants.

Such technical positioning is particularly noteworthy given the stock’s consistent gains over the last six sessions, which have propelled it to the current 52-week high. The convergence of positive price action and technical strength underscores the stock’s current market momentum.

Historical Price Performance

Over the past year, Mena Mani Industries Ltd has demonstrated considerable price appreciation, rising 25.07% from its levels a year ago. This contrasts favourably with the Sensex’s 8.73% gain over the same timeframe, highlighting the stock’s relative strength within the broader market.

The stock’s 52-week low of Rs.4.94 was recorded during a period of market weakness, but the subsequent recovery and sustained gains have propelled it to the current high of Rs.9.03. This price trajectory reflects a strong rebound and growing investor confidence in the company’s prospects within the NBFC sector.

Market Environment and Sector Dynamics

The NBFC sector has been under close watch amid evolving economic conditions, and Mena Mani Industries Ltd’s recent performance stands out as a positive example within this space. The stock’s outperformance relative to its sector peers and the broader market suggests that it has been able to capitalise on favourable market dynamics and investor appetite for select NBFC stocks.

Meanwhile, the Sensex’s own proximity to its 52-week high and its bullish technical setup provide a supportive backdrop for stocks like Mena Mani Industries Ltd. The market’s positive tone, led by mega-cap stocks, has helped sustain momentum across various segments, including micro-cap and mid-cap stocks.

Summary of Key Metrics

To summarise, Mena Mani Industries Ltd’s key data points as of 1 Jan 2026 are:

• New 52-week high price: Rs.9.03


• Day’s price change: +5.00%


• Consecutive gain period: 6 days


• Return over last 6 days: +15.47%


• 1-year return: +25.07%


• 52-week low price: Rs.4.94


• Mojo Score: 46.0


• Mojo Grade: Sell (upgraded from Strong Sell on 18 Dec 2025)


• Market Cap Grade: 4

This comprehensive set of metrics illustrates the stock’s recent strength and the technical factors underpinning its new 52-week high.

Conclusion

Mena Mani Industries Ltd’s attainment of a new 52-week high at Rs.9.03 marks a significant milestone in its recent trading history. Supported by a sustained rally over six consecutive sessions, strong technical positioning above all major moving averages, and outperformance relative to both its sector and the broader market, the stock has demonstrated notable momentum. The upgrade in its Mojo Grade from Strong Sell to Sell further reflects an improving assessment of the company’s standing. As the NBFC sector continues to evolve, Mena Mani Industries Ltd’s recent price action highlights its capacity to navigate current market conditions effectively.

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