Cement News

UltraTech Cement rises Tuesday, still underperforms market

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Shares of UltraTech Cement Ltd.
532538,
+0.45%
inched up 0.45% to 7,106.45 Indian rupees Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index
1,
+0.60%
rising 0.60% to 60,927.43.

UltraTech Cement Ltd. closed 841.45 rupees short of its 52-week high (7,947.90 rupees), which the company achieved on January 17.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Gujarat Sidhee Cement Ltd.
GSCLCEMENT,
+1.10%
rose 1.10% to 36.75 rupees and Prism Johnson Ltd.
PRSMJOHNSN,
-2.09%
fell 2.09% to 103.05 rupees.

Trading volume (33,088) eclipsed its 50-day average volume of 17,349.


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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