UTI AMC's Stock Gains 5.01% and Receives 'Buy' Call from MarketsMOJO

UTI Asset Management Company (UTI AMC) has been making waves in the finance industry with its recent performance in the stock market. On November 12, 2024, the company's stock gained 5.01%, closing at Rs 1382.95. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for UTI AMC's stock.

The stock is currently trading close to its 52-week high of Rs 1400.7, with only a 1.8% difference. It has also outperformed the sector by 5.65% and has shown a trend reversal after two consecutive days of fall. The day's high for UTI AMC was Rs 1382.95, a 6.54% increase from its previous close.

UTI AMC's stock is also performing well in terms of moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the company's stock.

Investors can also benefit from UTI AMC's high dividend yield of 3.62% at the current price. This makes it an attractive option for those looking for stable returns.

In comparison to the Sensex, UTI AMC's stock has shown a significant outperformance. In just one day, the company's stock has gained 6.76%, while the Sensex has only seen a 0.06% increase. Over the past month, UTI AMC's stock has also outperformed the Sensex, with a 13.49% increase compared to the Sensex's -2.26% performance.

UTI Asset Management Company has proven to be a strong player in the finance industry, with its consistent positive performance in the stock market. With a 'Buy' call from MarketsMOJO and a strong track record, UTI AMC's stock is definitely one to watch out for.