Cement News

UltraTech Cement underperforms Thursday when compared to competitors despite daily gains

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Shares of UltraTech Cement Ltd.
532538,
+1.81%
rose 1.81% to 7,150.60 Indian rupees Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.25%
falling 0.25% to 59,958.03.

UltraTech Cement Ltd. closed 797.30 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 Thursday, as Gujarat Sidhee Cement Ltd.
GSCLCEMENT,
+1.85%
rose 1.85% to 38.55 rupees and Prism Johnson Ltd.
PRSMJOHNSN,
+0.43%
rose 0.43% to 104.25 rupees.

Trading volume (11,599) remained 2,315 below its 50-day average volume of 13,914.


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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