Why is Unjha Formul. falling/rising?

Jun 23 2025 09:18 PM IST
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As of 23-Jun, Unjha Formulations Ltd's stock price is 24.20, having increased by 2.33% recently. Despite short-term gains and outperforming its sector, the stock has declined 20.37% year-to-date, indicating potential concerns for future performance due to decreased investor participation.
As of 23-Jun, Unjha Formulations Ltd's stock price is currently at 24.20, reflecting an increase of 0.55, or 2.33%. The stock has shown a positive trend recently, gaining for the last two days and achieving a total return of 4.72% during this period. Additionally, over the past week, the stock has outperformed its sector by 2.34%. However, it is important to note that while the stock is performing better in the short term, it has experienced a significant decline year-to-date of 20.37% compared to the Sensex's increase of 4.81%. The delivery volume has seen a drastic drop of 99.17% against the 5-day average, indicating a potential decrease in investor participation, which could negatively impact future price movements.

In the broader market context, Unjha Formulations Ltd has outperformed the Sensex in the short term, with a 1-week return of 0.83% compared to the benchmark's 0.12%. However, the stock's year-to-date performance remains concerning, as it has underperformed significantly against the benchmark. Despite the recent gains, the long-term outlook appears mixed, with the stock having a substantial decline over the past year and year-to-date, which may weigh on investor sentiment. The stock's liquidity is adequate for trading, but the falling delivery volume suggests caution among investors, which could influence future price stability.
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