Why is Usha Mart. Edu. falling/rising?
As of 16-Sep, Usha Martin Education & Solutions Ltd's stock price is 5.42, down 0.37%, and has declined 3.56% over the last three days. The stock is trading below all major moving averages and has underperformed significantly year-to-date and over the past year, contrasting with the positive performance of the broader market.
As of 16-Sep, Usha Martin Education & Solutions Ltd is experiencing a decline in its stock price, currently at 5.42, which reflects a decrease of 0.02 or 0.37%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.56% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 73.99% against the 5-day average, the overall performance remains weak, with the stock down 20.99% year-to-date and 23.55% over the past year, while it has outperformed the benchmark over the last three years.Broader Market Context: In contrast to Usha Martin Education & Solutions Ltd's recent performance, the benchmark Sensex has shown positive movement, gaining 1.58% over the past week and 2.21% over the past month. This stark difference highlights the stock's struggle, as it has underperformed the sector by 0.69% today. The broader market context indicates that while the overall market is experiencing gains, Usha Martin Education & Solutions Ltd is facing significant challenges, contributing to its declining stock price.
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