UltraTech Cement Shows Strong Trading Activity and Outperformance in Cement Sector

UltraTech Cement Ltd, a prominent player in the Cement & Cement Products industry, has shown significant trading activity today. The stock, trading under the symbol ULTRACEMCO, recorded a total traded volume of 214,339 shares, with a total traded value of approximately Rs 25.06 crores. The stock opened at Rs 11,559.0 and reached a day high of Rs 11,736.0, reflecting a 2.49% increase from the previous close of Rs 11,449.0. The day’s low was noted at Rs 11,514.0.
In terms of performance, UltraTech Cement has outperformed its sector by 1.01%, with a one-day return of 2.30%, compared to the sector's return of 1.43% and the Sensex's return of 0.83%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the delivery volume on June 23 was 204,000 shares, which is an increase of 0.84% compared to the 5-day average delivery volume, suggesting rising investor participation. With a market capitalization of Rs 3,37,303 crores, UltraTech Cement remains a liquid stock, suitable for trades of up to Rs 6.32 crores based on 2% of the 5-day average traded value. Overall, UltraTech Cement's performance today highlights its robust market position and active trading dynamics.