Why is Ujjivan Small falling/rising?
As of 05-Aug, Ujjivan Small Finance Bank Ltd's stock price is at 44.04, with a recent rise of 0.3% and a year-to-date increase of 30.41%. Despite this, there has been a decline in investor participation and the stock has underperformed compared to the benchmark Sensex over the past month.
As of 05-Aug, Ujjivan Small Finance Bank Ltd's stock price is currently at 44.04, reflecting a rise of 0.13, or 0.3%. The stock has been gaining for the last two days, with a total return of 1.9% during this period. Despite a decline of 9.38% over the past month, the stock has shown strong year-to-date performance with a 30.41% increase. It is currently outperforming its sector by 0.65%. However, there has been a notable decrease in investor participation, with delivery volume falling by 31.95% compared to the five-day average, which may indicate a lack of sustained buying interest. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Ujjivan Small Finance Bank's recent performance contrasts with the benchmark Sensex, which has declined by 0.77% over the past week. While the stock has shown a slight increase of 0.20% in the same timeframe, it has underperformed the benchmark over the past month, where the Sensex fell by 3.26%. The stock's year-to-date performance significantly outpaces the Sensex's 3.29% increase, indicating that while the stock is currently experiencing a short-term rise, it has faced challenges in the longer term compared to the broader market.
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