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Gold-loan company Manappuram Finance has increased by about 17 per cent in the second half of the trading session on Friday. The stock is currently trading at Rs.23.50 per share, up 16.6 per cent from its previous close.
The scrip had fallen by about 37 per cent since April 2012. The company in a filing to the exchanges said that the announcement of the annual financial results has been postponed to May 18, 2012.
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