UltraTech Cement Ltd Hits Intraday Low Amid Price Pressure on 1 Feb 2026

Intraday Performance and Price Movement

On 1 Feb 2026, UltraTech Cement Ltd’s share price declined sharply, underperforming its sector and the broader market. The stock fell by 3.02% on the day, with the intraday low recorded at Rs 12,281.9, marking a 3.29% decrease from the previous close. This decline was more pronounced than the Sensex’s fall of 1.72%, indicating specific pressures on the stock beyond general market sentiment.

The stock has been on a downward trajectory for three consecutive sessions, cumulatively losing 3.67% over this period. This trend contrasts with the broader Sensex, which has declined by 0.83% over the past week, suggesting that UltraTech Cement Ltd is currently facing more immediate selling pressure relative to the benchmark index.

Market Context and Sector Comparison

The broader market environment has been challenging. The Sensex opened positively, gaining 119.19 points, but reversed sharply to close at 80,856.98, down 1,531.99 points or 1.72%. The index is trading below its 50-day moving average, a technical indicator often viewed as a sign of short-term weakness, although the 50-day average remains above the 200-day average, indicating a longer-term uptrend.

Within this context, UltraTech Cement Ltd underperformed its sector by 1.07% today. The Cement & Cement Products sector itself has been facing pressure, contributing to the stock’s decline. Despite this, UltraTech Cement Ltd’s price remains above its 20-day, 50-day, 100-day, and 200-day moving averages, signalling that the longer-term trend remains intact. However, the stock is trading below its 5-day moving average, reflecting recent short-term weakness.

Recent Performance Trends

Looking beyond the immediate session, UltraTech Cement Ltd’s performance shows mixed trends. Over the past month, the stock has gained 5.08%, outperforming the Sensex, which declined by 4.51% in the same period. Similarly, over three months, the stock rose by 2.10%, while the Sensex fell 4.20%. These figures indicate that despite recent intraday weakness, the stock has maintained relative strength over the medium term.

Year-to-date, UltraTech Cement Ltd has delivered a 4.40% return, contrasting with the Sensex’s negative 5.12% performance. Over one year, the stock’s gain of 6.78% also surpasses the Sensex’s 5.34% increase. Longer-term returns remain robust, with three-year and five-year gains of 78.70% and 131.05% respectively, significantly outperforming the Sensex’s 35.89% and 74.69% returns. Over a decade, the stock has appreciated by 335.38%, well ahead of the Sensex’s 225.11% rise.

Mojo Score and Rating Update

UltraTech Cement Ltd currently holds a Mojo Score of 54.0, placing it in the ‘Hold’ category. This represents an upgrade from its previous ‘Sell’ rating, which was revised on 28 Jan 2026. The company’s market cap grade remains at 1, indicating a large-cap status but with limited momentum in recent trading sessions. The rating change suggests a stabilisation in the stock’s outlook, despite the short-term price pressure observed today.

Technical Indicators and Moving Averages

From a technical perspective, the stock’s position relative to its moving averages offers insight into its current momentum. Trading above the 20-day, 50-day, 100-day, and 200-day moving averages generally indicates a positive medium- to long-term trend. However, the stock’s dip below the 5-day moving average signals short-term selling pressure and potential consolidation. This technical setup aligns with the observed intraday weakness and the three-day consecutive decline.

Market Sentiment and Immediate Pressures

The broader market’s sharp reversal after a positive start has contributed to a cautious sentiment among investors. The Sensex’s steep fall of 1.72% today reflects concerns over macroeconomic factors and sector-specific developments. Within this environment, UltraTech Cement Ltd’s sharper decline relative to the index and its sector suggests that the stock is experiencing immediate selling pressure, possibly driven by profit-taking or short-term repositioning.

Despite the intraday low and the three-day losing streak, the stock’s longer-term performance metrics and upgraded rating indicate that the current weakness is contained within a broader context of relative strength. The divergence between short-term technical signals and medium- to long-term trends highlights the nuanced nature of the stock’s price action.

Summary

In summary, UltraTech Cement Ltd’s intraday low of Rs 12,281.9 and 3.29% decline today reflect a period of price pressure amid a weakening market and sector backdrop. The stock’s underperformance relative to the Sensex and its sector, combined with a dip below the 5-day moving average, signals short-term caution. However, the company’s upgraded Mojo Grade to ‘Hold’ and its sustained outperformance over longer time frames provide a balanced perspective on its current market position.

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