Cement News

UltraTech Cement outperforms competitors on strong trading day


UltraTech Cement Ltd.
532538,
+1.40%
shares rose 1.40% to 7,250.40 Indian rupees Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index
1,
+0.51%
rising 0.51% to 60,261.18.

UltraTech Cement Ltd. closed 697.50 rupees short of its 52-week high (7,947.90 rupees), which the company reached on January 17.

The stock outperformed some of its competitors Friday, as Gujarat Sidhee Cement Ltd.
GSCLCEMENT,
-0.13%
fell 0.13% to 38.50 rupees and Prism Johnson Ltd.
PRSMJOHNSN,
-0.38%
fell 0.38% to 103.85 rupees.

Trading volume (15,326) eclipsed its 50-day average volume of 14,020.


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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