Utkarsh Small Finance Bank's Stock Price Drops by -7.4% on November 13th

Utkarsh Small Finance Bank, a smallcap private bank, has seen a decline in its stock price by -7.4% on November 13th, according to MarketsMOJO. The stock is currently trading at its new 52-week and all-time low of Rs. 34.9. This underperformance is reflected in the sector as well, with the Bank - Private sector falling by -2.13%.

The stock has been on a downward trend for the past 4 days, with a consecutive fall of -17.26% in returns during this period. Intraday, the stock touched a low of Rs. 34.9, a decrease of -7.77%. Utkarsh Small Finance Bank is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Utkarsh Small Finance Bank's 1-day performance is -7.03%, while the Sensex's performance is -1.19%. Similarly, in the past month, the stock has seen a decline of -22.51%, while the Sensex has fallen by -4.48%.

While there is no clear reason for the decline in Utkarsh Small Finance Bank's stock price, investors may want to keep an eye on the company's financial performance and any potential developments in the private banking sector. As always, it is important to do thorough research and consult with a financial advisor before making any investment decisions.