Manipal Finance Corporation Reaches New High Amid Strong Microcap Sector Momentum

Jan 20 2025 11:10 AM IST
share
Share Via
Manipal Finance Corporation has reached a new 52-week high, showcasing strong momentum in the microcap finance and NBFC sector. The stock has outperformed its sector recently and demonstrated notable annual returns, significantly exceeding the broader market's performance, while also exhibiting some trading volatility.
Manipal Finance Corporation has recently reached a new 52-week high of Rs. 8.26, reflecting strong momentum in the microcap finance and non-banking financial company (NBFC) sector. The stock has outperformed its sector by 4.76% today and has delivered a notable return of 15.52% over the past three days.

Despite this positive trend, the stock has shown some volatility, having not traded on three out of the last 20 days. Currently, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust short-term momentum.

On an annual basis, Manipal Finance Corporation has achieved a return of 35.63%, significantly surpassing the Sensex's return of 7.68%. This performance highlights the stock's strong position within the finance sector and may be of interest to investors tracking market developments.
{{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