Mannapuram Finance is the top gainer on the bourses currently, breaching the 20% UC at Rs.50.25, a new 52-week high. Volumes have spiked up over 16.5 times.

The market is enthused with the company’s Q4FY16 performance. It posted a very good 87% (YoY) jump in consolidated net profit at Rs.131 crore. Net Interest Income (NII) for the quarter rose 45% at Rs.417 crore.