News and Views
Recent Price Movement and Market Comparison
The stock has been on a downward trajectory over the past week, losing 5.60%, which is more than double the Sensex’s decline of 2.55% during the same period. Over the last month, the stock’s fall of 6.88% starkly contrasts with the Sensex’s modest 1.29% drop. Year-to-date, Uday Jewellery has declined 4.90%, again underperforming the Sensex’s 1.93% fall. The longer-term picture is similarly challenging, with the stock down 9.58% over the past year while the Sensex has gained 7.67%. Even over three and five years, the stock’s returns lag significantly behind the benchmark, highlighting persistent underperformance.
Intraday Trading and Technical Indicators
On 09-Jan, the stock touched an intraday low of ₹...
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