Cement News

UltraTech Cement falls Tuesday, underperforms market

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UltraTech Cement Ltd.
532538,
-1.59%
shares slipped 1.77% to 6,924.35 Indian rupees Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index
1,
-1.04%
falling 1.04% to 60,115.48.

UltraTech Cement Ltd. closed 1,023.55 rupees below its 52-week high (7,947.90 rupees), which the company reached on January 17.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Gujarat Sidhee Cement Ltd.
GSCLCEMENT,
-0.26%
fell 0.26% to 37.70 rupees and Prism Johnson Ltd.
PRSMJOHNSN,
-2.70%
fell 2.70% to 104.65 rupees.

Trading volume (11,147) remained 2,838 below its 50-day average volume of 13,985.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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