Cement News

UltraTech Cement falls Tuesday, underperforms market


UltraTech Cement Ltd.
532538,
-0.19%
shares inched down 0.19% to 6,996.70 Indian rupees Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index
1,
+0.21%
rising 0.21% to 61,294.20.

UltraTech Cement Ltd. closed 951.20 rupees short of 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,
+0.65%
rose 0.65% to 38.50 rupees and Prism Johnson Ltd.
PRSMJOHNSN,
-0.29%
fell 0.29% to 103.45 rupees.

Trading volume (11,023) remained 3,130 below its 50-day average volume of 14,153.


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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