Shares of Manappuram Finance hit 52-week low of Rs 128.70 after they slipped 10 per cent on the BSE in Tuesday's intra-day trade after the financier reported 46 per cent year-on-year (YoY) drop in consolidated net profit at Rs 261 crore in December quarter (Q3FY22), due to weak operational performance. Net interest income (NII) fell 12 per cent YoY to Rs 915 crore driven by a sharp compression in spreads.