Selling pressure weighs on UltraTech Cement as key valuation metrics remain elevated

UltraTech Cement traded lower intraday at 11,601 rupees with elevated valuation metrics, as investors closely monitored technical indicators, volumes and broader cement sector sentiment.

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9 days ago

Selling pressure weighs on UltraTech Cement as key valuation metrics remain elevated

Selling pressure weighs on UltraTech Cement as key valuation metrics remain elevated
Trading activity in UltraTech Cement reflected mild pressure during intraday trade on December 8 as the stock recorded softer returns. At 10:30:29 AM IST, the last traded price stood at 11,601 rupees, with a market capitalization of 3,41,061.67 crore rupees. The stock witnessed a traded volume of 46,976 shares, while its price to earnings ratio remained elevated at 45.99. Earnings per share were reported at 251.32 rupees. 
Companies:
  • UltraTech Cement