This NBFC stock rallied 45% in 3 sessions; 568% in 9 months
On Wednesday, Magma Fincorp shares gained as much as 10 per cent to hit 52-week high of Rs 84.95 on Bombay Stock Exchange
Chitranjan Kumar | February 10, 2021 | Updated 20:53 IST
Magma Fincorp shares surged 45% in 3 sessions
Magma Fincorp shares hit upper circuit of 10 per cent in intra-day trade on Wednesday, hitting fresh 52-week high of Rs 84.95 on Bombay Stock Exchange. Magma Fincorp's stock price has gained 45.55 per cent over the last three sessions following December quarter results. The Mumbai-based non-banking financial company (NBFC) saw its shares rise 568 per cent over the last 9 months from its 52-week low of Rs 12.70, touched on May 28, 2020.