UltraTech Cement share price closes at ₹10,764; gains 0.60% on September 17

Key Takeaways

• UltraTech Cement added ₹64 or 0.60% to close at ₹10,764 after trading from ₹10,703 to ₹10,841. 
• The stock remained ₹694.10 below its 50-day DMA and ₹900.90 below its 200-day DMA of ₹11,664.90. 
• At ₹10,764, UltraTech was ₹439 above its 52-week low but ₹2,346 below the annual high of ₹13,110. 

UltraTech Cement share price closed September 17 at ₹10,764, gaining ₹64 or 0.60%. The stock opened at ₹10,740 after a previous close of ₹10,700. It traded down to ₹10,703 and up to ₹10,841, making the day's high-low spread ₹138. The final price was ₹61 above the low and ₹77 below the high. 

The moving-average gaps were sizeable. UltraTech's 50-day DMA stood at ₹11,458.10, which was ₹694.10 above the September 17 close. The 100-day DMA was ₹11,564.10, leaving an ₹800.10 difference. The 200-day average was higher still at ₹11,664.90, or ₹900.90 above the closing price. 

Volume totalled 197,405 shares and market capitalisation stood at ₹3,17,193 crore. The stock's 52-week range ran from ₹10,325 to ₹13,110. At ₹10,764, UltraTech was ₹439 above the annual low and ₹2,346 below the high, placing the closing level much nearer the lower end of the annual band. 

Recent returns were negative across all four periods. The one-month return was -7.36%, three-month performance -5.50%, and the six-month reading -3.02%. The one-year return stood at -14.42%. The one-month decline was larger than the three- and six-month figures, though the one-year period remained the weakest. 

September 17 itself produced a modest positive move. UltraTech opened ₹40 above the rounded previous close, briefly traded only ₹3 above that prior level at the session low, and later advanced to ₹10,841. It gave back part of that increase before ending at ₹10,764. The close remained substantially below each of the displayed moving averages, with even the nearest 50-day measure almost ₹700 higher. The 52-week high was more than ₹2,300 away, while the annual low remained less than ₹450 below the final price.