Manappuram Finance Shows Strong Market Performance Amid Broader Sensex Recovery

Manappuram Finance, a midcap player in the finance and non-banking financial company (NBFC) sector, has shown significant activity today, gaining 5.03% as of March 21, 2025. The stock is currently trading just 1.79% below its 52-week high of Rs 230.25, reflecting strong performance in the market.
Today, Manappuram Finance opened with a notable gain of 4.14% and reached an intraday high of Rs 228.6, marking a 5.1% increase. Over the past week, the stock has demonstrated a robust upward trend, with a total gain of 12.62% over the last seven days, outperforming its sector by 2.71%.

In terms of moving averages, Manappuram Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short- to long-term performance.

In the broader market context, the Sensex has rebounded sharply after a negative opening, currently trading at 76,644.93, up 0.39%. While small-cap stocks are leading the market today, Manappuram Finance's performance stands out with a year-to-date gain of 21.35%, significantly outperforming the Sensex, which is down 1.91% for the same period.