Manipal Finance Corporation Reaches 52-Week High Amid Strong Sector Performance

Jan 16 2025 10:35 AM IST
share
Share Via
Manipal Finance Corporation has reached a new 52-week high of Rs. 7.5, outperforming its sector. Despite erratic trading patterns, it is currently above all key moving averages. Over the past year, the company has delivered a robust return of 23.15%, significantly exceeding the Sensex's performance.
Manipal Finance Corporation has recently achieved a new 52-week high of Rs. 7.5, marking a significant milestone in its performance. On January 16, 2025, the stock outperformed its sector by 2.69%, showcasing its competitive edge within the finance and non-banking financial company (NBFC) sector.

Despite this achievement, the stock has shown erratic trading patterns, with no trades recorded on five of the last 20 days. However, it is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a positive trend in its price movement.

Over the past year, Manipal Finance Corporation has delivered a robust return of 23.15%, significantly surpassing the Sensex's return of 5.28%. The overall finance/NBFC sector has also experienced gains, with an increase of 2.13%. This performance underscores Manipal Finance Corporation's strong position in the competitive landscape of the finance industry.
{{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