Cement News

UltraTech Cement outperforms market on strong trading day


UltraTech Cement Ltd.
532538,
+0.10%
shares inched up 0.10% to 7,003.70 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index
1,
-1.04%
falling 1.04% to 60,657.45.

UltraTech Cement Ltd. closed 944.20 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 Wednesday, as Gujarat Sidhee Cement Ltd.
GSCLCEMENT,

remained unchanged and Prism Johnson Ltd.
PRSMJOHNSN,
+7.78%
rose 7.78% to 111.50 rupees.

Trading volume (17,507) eclipsed its 50-day average volume of 13,974.


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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