Utkarsh Small Finance Bank Hits 52-Week Low, Shows Strong Performance Despite Recent Dip
Utkarsh Small Finance Bank, a smallcap private bank, has hit a 52-week low on October 7th, 2024. Despite a -2.03% underperformance in the sector and consecutive fall for the last two days, the stock has shown a strong performance over the past year with a -24.30% return. MarketsMojo has given a 'Hold' call for the stock.
Utkarsh Small Finance Bank, a smallcap private bank, has recently hit a 52-week low on October 7th, 2024. The stock has been underperforming the sector by -2.03% and has been on a consecutive fall for the last two days, with a -3.06% return in that period. The stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
Despite the recent dip in stock price, Utkarsh Small Finance Bank has shown a strong performance over the past year, with a return of -24.30%. However, this is lower compared to the Sensex's performance of 23.16% in the same period.
MarketsMOJO has given a 'Hold' call for Utkarsh Small Finance Bank, indicating a neutral stance on the stock. This news may be of interest to investors and those following the banking industry, as Utkarsh Small Finance Bank continues to navigate the market and its performance.
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