UltraTech Cement Ltd (NSE: ULTRACEMCO) experienced a strong upward trend on the National Stock Exchange today, April 17th, closing the trading session on a high note. As of 3:30 pm IST, the leading cement manufacturer’s stock price settled firmly at 11,900.00 INR.
This represents a substantial gain of +172.00 INR, translating to a 1.47% increase for the day. The positive movement reflects significant buying interest and investor confidence in the stock throughout the session.
The trading day began with UltraTech Cement opening at 11,667.00 INR, slightly below the previous close of 11,728.00 INR. The stock touched an intraday low of 11,600.00 INR early in the session. However, it quickly reversed course, embarking on a steady climb that persisted through the afternoon. The shares reached an intraday high of 11,922.00 INR, very close to its closing price, indicating sustained buying pressure towards the end of trading.
Key financial metrics displayed alongside the price action reveal a market capitalization of 3.50 Lakh Crore INR for UltraTech Cement. The company’s Price-to-Earnings (P/E) ratio is currently 54.96, and it offers a dividend yield of 0.59%.
The day’s closing price positions the stock well within its 52-week range, which has a low of 9,250.00 INR and a high of 12,145.35 INR. Today’s strong performance, recovering from the initial dip and finishing near the day’s peak, highlights positive market sentiment towards UltraTech Cement.
