UTI Asset Management Shares Decline Amid Broader Market Weakness and Underperformance

UTI Asset Management Company has experienced a significant decline today, with shares dropping by 5.83% as of April 30, 2025. This performance marks a continued downward trend, as the stock has now fallen for two consecutive days, resulting in a total decrease of 6.25% over this period. The stock opened lower today, with an initial loss of 2.11%, and reached an intraday low of Rs 1013.7, reflecting a decrease of 5.61%.
In comparison to the broader Finance/NBFC sector, which has seen a decline of 2.04%, UTI Asset Management Company has underperformed by 3.8%. The stock's performance metrics indicate that it is currently trading above its 50-day moving averages but below its 5-day, 20-day, 100-day, and 200-day moving averages.

Despite the recent downturn, UTI Asset Management Company maintains a high dividend yield of 4.36%. Over the past year, the stock has gained 6.78%, although it has faced a year-to-date decline of 24.18%. In the context of the overall market, the Sensex has also shown a slight decrease of 0.06% today, following an initial positive opening.