Recent Price Movement and Market Comparison
The stock’s fall on 24-Dec contrasts sharply with the broader market’s positive trajectory, as the Sensex gained 1.25% over the past week while Ultra Wiring’s shares declined by 5.0% during the same period. Although the stock has posted a modest 1.59% gain over the last month, this pales in comparison to the Sensex’s 0.70% rise, signalling relative weakness. More strikingly, the year-to-date and one-year returns for Ultra Wiring stand at a steep negative 42.39%, while the Sensex has delivered over 10% gains in both periods. This divergence highlights the stock’s ongoing challenges despite a strong longer-term performance, with a 5-year return of 356.00% significantly outpacing the Sensex’s 90.13%.
Technical Indicators...
Read full news article





