Bengaluru, Jan. 12 -- During Monday's trading session, shares of a Non-Banking Finance Company (NBFC) involved in providing a wide range of fund-based and fee-based services surged nearly 5 percent on BSE, after the company denied any delay in Bain Capital's acquisition deal.

At 10:44 a.m., shares of Manappuram Finance Limited were trading in the green at Rs. 295.1 on BSE, up by over 3 percent, compared to its previous closing price of Rs. 285.2, with a market cap of Rs. 24,978 crores. The stock has delivered positive returns of over 72 percent in one year, and has gained by around 3 percent in the last one month.

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As per its latest regulatory filing dated 9th January, Manappuram Finance Limited clarified that a recent m...