Why is Ushakiran Fin. falling/rising?
As of 22-Sep, Ushakiran Finance Ltd is priced at 40.00 with no change, reflecting a 0.00% movement. The stock has underperformed its sector and the benchmark Sensex, with significant declines in investor participation and a year-to-date drop of 10.47%.
As of 22-Sep, Ushakiran Finance Ltd is currently priced at 40.00, with no change in price, reflecting a 0.00% movement. The stock has underperformed its sector by 0.42% today, and while it is higher than its 5-day and 100-day moving averages, it is lower than its 20-day, 50-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 99.03% compared to the 5-day average. Over the past week, the stock has decreased by 1.72%, and it has seen a notable decline of 9.03% over the past month, contrasting with a 29.37% increase over the past year.Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.46% over the past week and 1.05% over the past month, Ushakiran Finance Ltd's recent performance indicates a significant underperformance. Year-to-date, the stock has declined by 10.47%, while the Sensex has increased by 5.15%. This disparity highlights the challenges faced by Ushakiran Finance Ltd in maintaining investor interest and market confidence, particularly in light of the falling delivery volumes and the stock's inability to keep pace with both the sector and broader market trends.
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