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Manappuram Finance extends gain; stock rallies 14% thus far in March

In the past one week, the stock has rallied 6 per cent, as compared to 0.11 per cent decline in the S&P BSE Sensex

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Photo: Bloomberg

SI Reporter Mumbai
Shares of Manappuram Finance gained 3 per cent to quote Rs 116.85 on the BSE in Tuesday's intra-day trade, extending its past four days' upward movement. Moreover, in the past one week, the stock has rallied 6 per cent as compared to 0.11 per cent decline in the S&P BSE Sensex.

Thus far in the month of March, the stock of the non-banking financial company (NBFC) has surged 14 per cent, as against 1.9 per cent fall in the benchmark index. The stock inched towards its 52-week high level of Rs 126, touched on April 7, 2022.

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First Published: Mar 21 2023 | 1:06 PM IST

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