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Manappuram Finance shares hit record high after Bain Capital deal
short by Mansi Agarwal / on Friday, 21 March, 2025
Manappuram Finance's shares jumped to a 52-week-high of ₹247.5 on BSE on Friday after Bain Capital announced plans to jointly own the NBFC. As of 1 pm, shares are over 8% higher at ₹235.6. The American private investment firm said it will buy an 18% stake in Manappuram for ₹4,385 crore and an additional 26% stake via an open offer.
read more at NDTV Profit