Ujjivan Financial Services: Stock Reaches All-Time High

Ujjivan Financial Services, a leading finance company in the NBFC sector, has been making waves in the stock market with its recent performance. On December 18, 2023, the company's stock price reached a 52-week high of Rs. 614.55, which is also an all-time high for the company. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been on a winning streak for the past two days, outperforming the sector by 4.23%. It opened with a gain of 2.02% today and touched an intraday high of Rs. 614.55, showing a 4.48% increase. This positive trend is reflected in the moving averages as well, with the stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Ujjivan Financial Services has shown an impressive performance, with a 107.36% increase in its stock price, while the Sensex has only seen a 16.52% growth. This highlights the company's strong financials and growth potential in the NBFC industry.

With its recent achievements and positive market sentiment, Ujjivan Financial Services is definitely a stock to watch out for in the midcap segment. Investors can consider adding it to their portfolio for potential long-term gains.