Why is Ushakiran Fin. falling/rising?
As of 24-Sep, Ushakiran Finance Ltd is seeing a price increase to Rs 48.40, up 10.0%, with a strong performance of 21% over two days and significant investor interest indicated by a 322.73% rise in delivery volume. The stock has outperformed the Sensex, highlighting its resilience amid broader market struggles.
As of 24-Sep, Ushakiran Finance Ltd is experiencing a price increase, currently at Rs 48.40, which reflects a rise of 4.4 or 10.0%. The stock has shown strong performance recently, gaining 21% over the last two days and outperforming its sector by 10.09% today. Additionally, it has been trading above its moving averages across various time frames, indicating a positive trend. The stock has also seen a significant increase in investor participation, with delivery volume rising by 322.73% compared to the 5-day average, suggesting heightened interest and confidence among investors.In the broader market context, Ushakiran Finance Ltd has outperformed the Sensex significantly over various periods, including a 29.62% increase over the past week compared to a decline of 1.18% in the benchmark index. This strong relative performance highlights the stock's resilience and attractiveness to investors, especially in contrast to the broader market's struggles. Overall, the combination of robust stock-specific factors and favorable comparisons to the benchmark contributes to the rising price of Ushakiran Finance Ltd.
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