Utkarsh Small Finance Bank Hits 52-Week Low, Trading at Lowest Price in Past Year

Utkarsh Small Finance Bank, a smallcap private bank, has recently hit a 52-week low on October 23, 2024. The stock is currently trading at Rs.39.1, which is its lowest price in the past year. MarketsMOJO has given a 'Hold' call for the stock.

In terms of performance, Utkarsh Small Finance Bank is in line with the sector. However, the stock has been on a downward trend for the past three days and has seen a decline of -7.33% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Compared to the Sensex, Utkarsh Small Finance Bank's performance in the past year has been -19.05%, while the Sensex has seen a growth of 24.54%. This indicates that the stock has not performed as well as the overall market.

Utkarsh Small Finance Bank is a smallcap private bank, catering to the needs of individuals and small businesses. While the stock may have seen a decline in the past year, it is important to note that past performance does not guarantee future results. Investors should do their own research and consult with a financial advisor before making any investment decisions.