Ujjivan Financial Services Stock Sees Positive Trend, Outperforms Market in Short Term

Ujjivan Financial Services, a midcap finance company, saw a positive trend in its stock performance on April 19, 2024. The stock gained 5.17% and closed at Rs. 553. This performance was in line with the overall sector, as the stock outperformed the sector by 5.51%.

According to MarketsMOJO, a leading stock analysis platform, the stock of Ujjivan Financial Services has been given a 'Hold' call. This indicates that the stock is expected to perform in line with the market and investors are advised to hold their positions.

The stock has been on a consecutive gain for the last two days and has seen a rise of 5.19% during this period. It also touched an intraday high of Rs. 553, which is a 5.08% increase from the previous day's closing.

In terms of moving averages, the stock is currently higher than its 5-day, 20-day, 50-day, and 200-day moving averages. However, it is lower than its 100-day moving average.

In comparison to the Sensex, Ujjivan Financial Services has performed well in the short term. Its 1-day performance was 4.99% compared to Sensex's -0.50%. In the last month, the stock has seen a 9.03% increase, while the Sensex has only seen a 0.16% increase.

Overall, Ujjivan Financial Services has shown a positive trend in its stock performance and has outperformed the market in the short term. Investors are advised to hold their positions and keep an eye on the stock's performance in the coming days.