Why is Udayshivakumar falling/rising?
As of 17-Nov, Udayshivakumar Infra Ltd's stock price is at 26.85, up 11.92% today after five days of decline, but it remains down 47.38% year-to-date. While it shows short-term recovery with a 5.67% gain over the past week, its longer-term performance has been poor compared to the Sensex.
As of 17-Nov, Udayshivakumar Infra Ltd's stock price is currently at 26.85, reflecting an increase of 2.86, or 11.92%. Today, the stock has shown a notable performance by outperforming its sector by 10.58% and has gained after five consecutive days of decline. It opened with a gain of 4.04% and reached an intraday high of Rs 27.9, indicating strong upward momentum. The stock has also experienced high volatility today, with an intraday volatility of 5.28%. Despite its recent gains, the stock's year-to-date performance remains significantly negative at -47.38%, and it has underperformed the benchmark Sensex over the past month and year.In the broader market context, Udayshivakumar's short-term return of +5.67% over the past week contrasts sharply with the Sensex's return of +1.69%, highlighting a strong recovery relative to the benchmark. However, the stock's longer-term performance has been poor, with a decline of -8.27% over the past month compared to the Sensex's modest gain of +1.19%. This suggests that while the stock is experiencing a short-term rebound, it has struggled significantly over longer periods. The rising investor participation, indicated by a 110.39% increase in delivery volume, may suggest growing interest, but the lack of positive factors in the dashboard limits a comprehensive analysis of the stock's recent movements.
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