Manipal Finance Corporation Achieves 52-Week High Amid Strong Market Performance

Jan 23 2025 10:35 AM IST
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Manipal Finance Corporation has recently reached a new 52-week high, showcasing strong performance in the finance and NBFC sector. The stock has significantly outperformed its sector and delivered impressive returns over the past year, indicating a robust market position and positive price movement trends.
Manipal Finance Corporation has been a standout performer in the finance and non-banking financial company (NBFC) sector, recently achieving a new 52-week high of Rs. 9.55. The stock has outperformed its sector by 4.42% today and has seen a remarkable 33.57% increase in returns over the past six days.

Currently, Manipal Finance Corporation is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong positive trend in its price movement. Over the last year, the stock has delivered an impressive return of 56.81%, significantly outpacing the Sensex's performance of 8.94%. These metrics highlight the stock's robust market position and performance indicators, reflecting its notable activity in the market.
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