UltraTech Cement rose 0.77% to Rs 3,526.45 at 13:40 IST on BSE after consolidated net profit rose 29.17% to Rs 780.11 crore on 4.65% growth in total income to Rs 6740.72 crore in Q1 June 2016 over Q1 June 2015.
The result was announced during market hours today, 19 July 2016.Meanwhile, the S&P BSE Sensex was down 75.54 points or 0.27% at 27,671.12.
On BSE, so far 48,000 shares were traded in the counter as against average daily volume of 20,895 shares in the past one quarter. The stock was volatile. The stock rose as much as 1.72% at the day's high of Rs 3,559.90 so far during the day. The stock lost as much as 0.61% at the day's low of Rs 3,478.05 so far during the day. The stock had hit a record high of Rs 3,600 on 5 July 2016. The stock had hit a 52-week low of Rs 2,581.15 on 18 January 2016. The stock had outperformed the market over the past one month till 18 July 2016, gaining 6.21% compared with Sensex's 4.21% rise. The scrip had, however, underperformed the market in past one quarter, advancing 2.72% as against Sensex's 7.48% rise.
The large-cap company has equity capital of Rs 274.44 crore. Face value per share is Rs 10.
UltraTech Cement is a leading cement manufacturer in India. It is a part of the Aditya Birla Group.
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