UltraTech Cement Ltd Sees Surge with 5,238 Active Call Contracts at Rs 13,000 Strike
UltraTech Cement Ltd has become one of the most actively traded stocks today, with significant options activity and a notable increase in its stock price, reaching a new 52-week high. Despite a decline in delivery volume, the stock maintains a strong market position and upward trend across various moving averages.
UltraTech Cement Ltd, a prominent player in the Cement & Cement Products industry, has emerged as one of the most active stocks today. The company’s underlying stock, ULTRACEMCO, saw significant trading activity with 5,238 call contracts traded, reflecting a turnover of approximately Rs 613.95 lakhs. The options, set to expire on September 30, 2025, have a strike price of Rs 13,000, with an open interest of 1,919 contracts.In terms of price performance, UltraTech Cement reached a new 52-week high of Rs 13,097 today, marking a 2.86% increase from the previous close. The stock has shown resilience, gaining 1.2% over the last two days and opening with a gap up of 2.1%. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Despite a decline in delivery volume, which fell by 32.97% against the 5-day average, the stock remains liquid enough for trades of Rs 5.43 crore, suggesting a stable market position. Overall, UltraTech Cement's performance today highlights its active trading status and solid market fundamentals.
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