Why is Unjha Formul. falling/rising?
As of 13-Nov, Unjha Formulations Ltd's stock price has risen to Rs 26.99, reflecting an 8.39% increase, and has outperformed its sector significantly. Despite a recent decline in investor participation, the stock shows strong long-term growth potential with a 166.70% increase over three years.
As of 13-Nov, Unjha Formulations Ltd is experiencing a price increase, with its current price at Rs 26.99, reflecting a rise of Rs 2.09 or 8.39%. The stock opened with a gain of 2.29% today and reached an intraday high of Rs 27.5, marking a 10.44% increase. Additionally, Unjha Formulations has outperformed its sector by 8.18%. Over the past week, the stock has shown a significant return of +17.40%, while its performance over the last month is +10.98%. However, there has been a decline in investor participation, with delivery volume dropping by 17.42% compared to the 5-day average, which may indicate a potential concern for sustained momentum.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.40% over the past week and 2.61% over the past month, Unjha Formulations has significantly outperformed in the short term. Despite a year-to-date decline of 11.19% against the Sensex's gain of 8.11%, the stock's strong performance over the last three years (+166.70%) and five years (+257.01%) suggests a robust long-term growth trajectory. The current liquidity of the stock is adequate for trading, further supporting its recent price rise.
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