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Manappuram is currently trading at Rs. 111.85, up by 1.80 points or 1.64% from its previous closing of Rs. 110.05 on the BSE.

The scrip opened at Rs. 111.30 and has touched a high and low of Rs. 112.75 and Rs. 110.30 respectively. So far 528649 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 133.90 on 19-Apr-2023 and a 52 week low of Rs. 81.50 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 112.75 and Rs. 109.10 respectively. The current market cap of the company is Rs. 9479.62 crore.

The promoters holding in the company stood at 35.20%, while Institutions and Non-Institutions held 43.70% and 21.10% respectively.

Manappuram Finance has launched Ma-Money, a new digital lending platform. The objective of introducing the app is to provide customers all the financial products offered by Manappuram Finance under one umbrella. A pioneer in digital gold loans, the company hopes that the new app will help it scale up its digital business and reach a wider audience. The app is primarily targeted at customers in tier 2 and tier 3 cities.

Ma-Money offers a wide range of loans, including personal loans, business loans, consumer durables' loans, loans for the healthcare industry, food industry, small-scale industries, car loans, home repair loans, among others.

Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.