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Manappuram Finance hits lowest level since March 2020; slips 25% in 1 month

Despite the management's optimism on demand outlook, there are challenges considering the signs of rural slowdown as evident from recent corporate results in many sectors

Topics
Buzzing stocks | Manappuram Finance  | Markets

SI Reporter  |  Mumbai 



Markets, market fall

Shares of hit an over two-year low of Rs 89.10, down 4.5 per cent on the BSE in Tuesday's intra-day trade, as investors hammered the stock over growth concerns. Trading volumes on the counter jumped 1.5 times with a combined 9.52 million equity shares changing hands on the NSE and BSE till 02:25 pm. In comparison, the S&P BSE Sensex was down 0.63 per cent at 53,948 level.

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First Published: Tue, May 24 2022. 14:59 IST

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