Status: Automated market-move research draft
MANAPPURAM • NSE • F&O Stock
MANAPPURAM FINANCE LTD traded at ₹320.75, -3.97% versus the previous close of ₹334.00. Latest market data: 28 Sep 2026 • 10:25 AM IST.
- The stock is -3.97% at ₹320.75.
- Likely reason: Broad market weakness and sector pullback
- Approximate traded value is ₹40.67 crore.
- It is -15.94% from its 52-week high and +30.84% from its 52-week low.
- The stock is being compared with Nifty Financial Services alongside the Nifty 50.
MANAPPURAM FINANCE LTD Share Price Today – Market Snapshot
Why Is MANAPPURAM FINANCE LTD Share Price Falling Today?
Manappuram Finance Ltd shares dropped 3.97% to trade at ₹320.75, opening lower at ₹328.00 and spending the session near its day's low of ₹320.50. Trading volumes remained relatively subdued, recording about 1.27 million shares traded, which is significantly below its 5-day and 20-day volume averages.
The broader market witnessed a downturn, with the Nifty falling 1.30% while the Nifty Financial Services sector also faced downward pressure. Manappuram's decline outpaced the broader benchmark pullback, reflecting broader caution across non-banking financial companies.
While no single direct corporate trigger caused today's drop, the company has recently seen managerial transitions, including the resignation of senior personnel and the scheduled appointment of Ashish Singh as MD & CEO effective January 2027. These governance updates provide background context rather than a confirmed catalyst for today's price action.
low confidence
- Stock declined 3.97% alongside a 1.30% drop in Nifty.
- Trading volume was well below normal 5-day and 20-day averages.
Performance Context
Cash-Market Activity
| Today’s Volume | 1,268,042 |
|---|---|
| 5-Day Avg. Volume | 3,366,189 |
| 20-Day Avg. Volume | 3,675,786 |
| Volume vs 20-Day Avg. | 0.34x |
| Delivery Quantity | 1,741,563 |
| Delivery % | 38.76% |
| Number of Trades | 39,627 |
Derivative-Market Activity
| Near-Month Futures | ₹333.25 |
|---|---|
| Cash Reference | ₹334.00 |
| Premium / Discount | ₹-0.75 (-0.22%) |
| Change in Premium | ₹-0.14 |
| Futures Volume | 2,398 |
| Volume vs Previous Session | 2.56x |
| Open Interest | 62,085,000 |
| OI vs Previous Session | 0.93x |
Ownership & Transaction Activity
Insider Activity – Recent NSE Disclosures
| Person | Category | Activity | Qty | Post Holding | Date |
|---|---|---|---|---|---|
| B.N. Raveendra Babu | Director | Sell | 100000 | 717236 | 14-May-2025 |
| Nandakumar V P | Promoters | Buy | 50000 | 245904221 | 30-Sep-2024 |
| Nandakumar V P | Promoters | Buy | 50000 | 245854221 | 26-Sep-2024 |
Source: NSE PIT / insider disclosures. Transactions are factual disclosures and are not automatically directional signals.
Recent Brokerage Views
Brokerage views are third-party opinions and are not WittyTrades recommendations.
WittyTrades Data Insight
Price Position: The stock is near the lower end of the day’s trading range.
Move From Open: -2.21%.
Intraday Range: 2.62% of the previous close.
5-Day Performance: +1.71%; 20-Day Performance: -5.76%.
Latest Company Developments
Relative Performance
| MANAPPURAM FINANCE LTD | -3.97% |
|---|---|
| Nifty 50 | -1.30% |
| Nifty Financial Services | N/A |
| Vs Nifty 50 | -2.67% |
| Vs Sector | N/A |
Technical Context
| Price | ₹320.75 |
|---|---|
| Day High / Low | ₹329.25 / ₹320.50 |
| 52-Week High | ₹381.55 |
| 52-Week Low | ₹245.15 |
| 5-Day Return | +1.71% |
| 20-Day Return | -5.76% |
What Should Traders and Investors Watch Next?
- Volume trends and whether delivery percentages remain steady around 38%
- Performance of gold-loan peers and broader financial sector sentiment
- Updates regarding execution under upcoming management changes
- Open interest shifts in the derivatives segment ahead of expiry
Catalyst note: No single confirmed event or news announcement explains today's price drop.
Frequently Asked Questions
What is the likely reason for today’s move?
The decline appears to be driven by general weakness in financial sector equities alongside below-average trading volumes, with no specific catalyst reported for today's session.
Is trading volume elevated?
Today’s volume is 1,268,042. The latest 20-day average available is 3,675,786, equivalent to about 0.34x of the recent average.
What does the derivatives market show?
The latest official NSE F&O report is summarised in the Derivative-Market Activity box above.
Before acting on this stock
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Market data, exchange filings, company disclosures and reputable business-media reports are collected automatically and summarised for investor context. Material facts are cross-checked where possible; price data may be delayed and a cited development should not be assumed to be the sole cause of a market move unless the evidence supports that conclusion.
Article by: WittyTrades Research Desk
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