Cement News

UltraTech Cement rises Thursday, outperforms market

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UltraTech Cement Ltd.
532538,
+0.10%
shares inched up 0.10% to 7,010.75 Indian rupees Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.50%
falling 0.50% to 60,353.27.

UltraTech Cement Ltd. closed 937.15 rupees short of its 52-week high (7,947.90 rupees), which the company achieved on January 17.

The stock outperformed some of its competitors Thursday, as Gujarat Sidhee Cement Ltd.
GSCLCEMENT,
-0.65%
fell 0.65% to 38.25 rupees and Prism Johnson Ltd.
PRSMJOHNSN,
-1.52%
fell 1.52% to 109.80 rupees.

Trading volume (2,324) remained 11,827 below its 50-day average volume of 14,151.


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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