UTI Asset Management Company Achieves 5.17% Gain, Outperforming Sector and Sensex

UTI Asset Management Company has demonstrated notable performance in the financial sector, particularly on December 30, 2024, with a gain of 5.17%. This midcap firm outperformed its sector by 4.81%, reflecting its strong market position. Over the past two days, the stock has shown a consistent upward trend, accumulating a total return of 7.51%.
On this day, UTI AMC reached an intraday high of Rs 1319.5, marking a 5.55% increase. The company's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance relative to its historical price trends.

Additionally, UTI Asset Management Company boasts a high dividend yield of 3.75% at the current price, which may appeal to income-focused investors. In comparison to the broader market, UTI AMC's one-day performance of 5.25% significantly surpassed the Sensex's modest gain of 0.30%. Over the past month, UTI AMC has also outperformed the Sensex, with a return of 1.72% against the index's decline of 1.09%.