Ujjivan Financial Services Stock Sees Positive Trend, Outperforms Sector and Sensex

Ujjivan Financial Services, a midcap finance company, saw a positive trend in its stock performance on April 2nd, 2024. The stock gained 5.54% and closed at Rs. 526.75. MarketsMOJO, a leading stock analysis platform, has given a 'Hold' call for the stock.

In terms of price performance, Ujjivan Financial Services outperformed its sector by 4.41% on the same day. The stock has been on a consecutive gain for the last two days and has seen a rise of 11.11% during this period. The stock also touched an intraday high of Rs. 528.5, showing a 5.05% increase.

Moving averages for Ujjivan Financial Services are higher than the 5-day, 20-day, and 200-day moving averages. However, it is lower than the 50-day and 100-day moving averages. This indicates a mixed trend for the stock.

In comparison to the Sensex performance, Ujjivan Financial Services saw a 1-day performance of 5.59% while the Sensex saw a -0.36% performance. Similarly, in the last month, Ujjivan Financial Services saw a -3.25% performance while the Sensex saw a -0.07% performance.

Overall, Ujjivan Financial Services has shown a positive trend in its stock performance, outperforming its sector and showing a consecutive gain in the last two days. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.