UTI Asset Management Company Shows Strong Rebound Amid Positive Market Trends

UTI Asset Management Company has shown notable activity today, gaining 5.84% on May 12, 2025. This performance marks a trend reversal after two consecutive days of decline. The stock opened with a gap up of 3.12% and reached an intraday high of Rs 1,041.65, reflecting a 6.05% increase at its peak. In terms of moving averages, UTI Asset Management Company is currently positioned higher than its 5-day and 50-day moving averages, but lower than its 20-day, 100-day, and 200-day moving averages. The finance/NBFC sector overall has gained by 4.5% today, indicating a positive trend within the industry. The stock's high dividend yield stands at 4.76% at the current price, which may appeal to income-focused investors. In the broader market context, the Sensex has risen sharply, climbing 1,575.43 points to reach 82,379.23, and is now just 4.37% away from its 52-week high. UTI Asset Management Company's performance today outpaced the Sensex, which recorded a gain of 3.68%.