Why is Uma Converter falling/rising?

Sep 19 2025 11:27 PM IST
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As of 19-Sep, Uma Converter Ltd's stock price is at 24.50, unchanged today, and has underperformed its sector by 0.32%. Despite a recent short-term gain of 2.51%, the stock has declined significantly by 19.80% year-to-date, indicating substantial underperformance compared to the broader market.
As of 19-Sep, Uma Converter Ltd's stock price is currently at 24.50, showing no change (0.00%). The stock has underperformed its sector by 0.32% today, despite a notable increase in delivery volume, which rose by 92.31% against the 5-day average. Over the past week, the stock has gained 2.51%, while it has increased by 2.08% over the past month. However, year-to-date, the stock has declined by 19.80%, and over the past year, it has fallen by 35.10%. The stock is currently trading above its 5-day and 20-day moving averages but below its 50-day, 100-day, and 200-day moving averages. There are no positive or negative factors available to further explain the stock's recent movement.

In the broader market context, Uma Converter Ltd's short-term performance of +2.51% over the past week outpaces the Sensex, which has only increased by 0.85% in the same period. However, the stock's year-to-date decline of 19.80% contrasts sharply with the Sensex's gain of 7.11%, indicating a significant underperformance relative to the broader market. This disparity suggests that while there may be some short-term interest in the stock, it has struggled considerably over a longer timeframe compared to the benchmark index.
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