Why ujjivan share price falling today?

I checked the market updates earlier. The drop in Ujjivan Small Finance Bank/Ujjivan Financial Services share price today seems to be because of weaker-than-expected earnings guidance and concerns over asset quality.

Sometimes share prices fall due to general market correction, not necessarily company-specific. If broader indices like Nifty or Bank Nifty are down, Ujjivan stock may also get affected.

Stock prices fall due to a combination of market sentiment, quarterly results, and sector-wide trends. If Ujjivan’s share is falling today, it could be because of profit booking after a rally, or negative news in the financial sector.

For Ujjivan, investors are also worried about loan defaults in microfinance sector, which impacts sentiment. That could be the reason behind today’s fall.

Not to forget, FII/DII selling pressure also moves small finance bank stocks significantly. A large block deal or sell-off by institutional investors might have triggered today’s decline.