UltraTech Cement share price falls 1.79% to ₹12,275 on November 9

Key Takeaways

• UltraTech Cement closed at ₹12,275, down 1.79%, following a wide ₹359 intraday range between ₹12,173 and ₹12,532.
• Despite the daily decline, the share remained ₹989.60 above its 50-day DMA and ₹774.50 above the 200-day DMA.
• One-month performance stood at 17.73%, while three-month, six-month and one-year returns were positive but more modest.

UltraTech Cement share price closed November 9 at ₹12,275, falling ₹224 or 1.79%. The stock opened at ₹12,482 against a previous close of ₹12,499, climbed to ₹12,532 and fell to ₹12,173 at the session low. That produced a wide ₹359 intraday range. UltraTech ended ₹102 above the low and ₹257 below the high, placing the close in the lower part of the day's range. Volume reached 272,955 shares.

Despite the session decline, UltraTech Cement remained far above its moving averages. The 50-day DMA stood at ₹11,285.40, leaving the closing price ₹989.60 higher. Its 100-day DMA was ₹11,354.50, creating a ₹920.50 gap. The 200-day DMA stood at ₹11,500.50, placing the final price ₹774.50 above that longer measure.

The share's 52-week low was ₹10,325 and its high ₹13,110. At ₹12,275, UltraTech stood ₹1,950 above the annual low and ₹835 below the high. The final price therefore remained closer to the upper end of the 52-week range despite the November 9 decline.

Returns were positive across all reported periods. UltraTech Cement gained 17.73% over one month, while the three-month return stood at 1.4%. Six-month performance was 2.72%, and the one-year return was 3.6%. The one-month number was substantially stronger than the other three horizons.

The November 9 session combined a 1.79% decline with one of the wider absolute intraday ranges in the batch. The share remained well above every major DMA, with almost ₹1,000 separating the close from the 50-day average. It nevertheless finished more than ₹250 below the session high after trading as low as ₹12,173.