Ujjivan Financial Services Sees 5.6% Increase in Stock Price, Outperforms Sector

Ujjivan Financial Services, a leading finance company in the non-banking financial sector, saw a 5.6% increase in its stock price on April 4th, 2024. This rise in stock price was in line with the overall performance of the company, which has been consistently outperforming its sector.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Ujjivan Financial Services is 'Hold'. This is based on the company's strong performance and its ability to outperform its sector.

On April 4th, the stock opened with a gain of 2.03% and touched an intraday high of Rs 566.2, which is a 5.86% increase from the previous day's closing. This shows a positive trend in the stock's performance.

Ujjivan Financial Services is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong and consistent performance.

In comparison to the overall market performance, Ujjivan Financial Services has outperformed the Sensex by 5.51% in just one day. Its one-month performance is also impressive, with a 2.33% increase compared to the Sensex's 0.02% growth.

With its strong performance and consistent growth, Ujjivan Financial Services is a promising midcap company in the finance sector. Investors can consider holding onto their stocks for potential future gains.