Ujjivan Small Finance Bank Achieves New High Amid Strong Market Performance

Ujjivan Small Finance Bank has shown remarkable performance today, gaining 5.25% and reaching a new 52-week high of Rs. 51.06. This midcap bank has outperformed its sector by 5.33%, marking its fourth consecutive day of gains, with a total return of 17.65% over this period. The stock's performance is impressive across various time frames, with a 1-week increase of 16.93% compared to the Sensex's 2.16% and a 1-month rise of 25.37% against the Sensex's 3.81%. Over the past three months, Ujjivan Small Finance Bank has surged by 45.04%, significantly outpacing the Sensex's 11.29% growth. Year-to-date, the bank's stock has soared by 51.14%, while the Sensex has only gained 5.56%. Additionally, Ujjivan Small Finance Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock also boasts a high dividend yield of 3.09% at the current price, further enhancing its appeal in the market.