UPL Stock Declines -5.3% on May 14, Underperforms Market Performance

UPL ., a leading player in the pesticides and agrochemical industry, has seen a decline in its stock price on May 14, 2024. The stock has lost -5.3% on this day, according to MarketsMOJO's stock call of 'Sell'. This underperformance is reflected in the stock's trend reversal, as it has fallen after two consecutive days of gains.

The stock's intraday low was recorded at Rs 503.7, a decrease of -5.74%. However, UPL's moving averages are still higher than its 5-day, 20-day, and 50-day moving averages, indicating a positive trend in the short term. On the other hand, it is lower than its 100-day and 200-day moving averages, suggesting a negative trend in the long term.

In comparison to the overall market performance, UPL's stock has underperformed on this day, with a -4.62% decrease, while the Sensex has shown a slight increase of 0.04%. However, in the past month, UPL's stock has outperformed the Sensex with a 1.55% increase, while the Sensex has shown a decline of -1.94%.

Despite the recent decline in stock price, UPL remains a largecap company in the industry. As a fact-based article, it is important to note that this news does not include any future potential, investor interest, or expert opinions. This information is solely based on the data provided by MarketsMOJO.