Manappuram Finance share price touched a new all-time high of ₹323.80 during Wednesday’s intraday trade, rising about 3% despite a weak broader market. The stock crossed its previous record of ₹320.95 set on 1 January 2026.
In the past month, the stock has surged nearly 20%, significantly outperforming the BSE Sensex, which declined about 4.4% in the same period.
By around midday, the stock was trading over 2% higher while the broader market remained flat to negative. Around 3.73 million shares changed hands across exchanges, showing strong investor interest.
The company has taken a cautious approach to non-gold businesses by focusing on asset quality instead of aggressive growth. Early signs of improvement are now visible, and growth in these segments is expected to gradually pick up.
Margins are also expected to stabilise as funding costs settle and yields reach their bottom.
Manappuram Finance Limited is a non-banking financial company (NBFC) that offers a wide range of lending and financial services, including gold loans and money exchange services. It operates as a Systemically Important Non-Deposit Taking NBFC (NBFC-ND).
The company is India’s second-largest gold finance NBFC and mainly provides loans against used household gold jewellery. Along with gold loans, it also offers housing finance, loans against property and commercial vehicle financing.
Manappuram Finance share price was trading at ₹318.60 at 1:39 pm on 20 May, up ₹3.30 or 1.05% for the day. The stock opened at ₹313.00 and touched an intraday high of ₹323.80 and a low of ₹311.40. The company’s market capitalisation stood at ₹29.93K crore, with a P/E ratio of 27.21. The stock has a 52-week high of ₹323.80 and a 52-week low of ₹227.55, and offers a dividend yield of 0.63% with a quarterly dividend of ₹0.50.
The rally in Manappuram Finance reflects strong momentum in its core gold loan segment, improving asset quality in non-gold businesses, and expansion plans across high-growth markets. Continued branch additions and stabilising margins could support sustained growth, though investors should track funding costs, asset quality, and broader market trends.
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Published on: May 20, 2026, 2:41 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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