UltraTech falls on disappointing February sales

UltraTech Cement fell on Thursday after it reported a fall of 5.7% in cement dispatch for February 2013 to 3.31 million tons from 3.51 million tons for February 2012. Cement production also fell to 3.32 million tons during the month from 3.46 million tons during January, registering a decrease of 4.05%. Shares of the company are trading at Rs 1,875, down Rs 21.9, or 1.15% at the Bombay Stock Exchange (BSE) on Thursday at 9:55 a.m.The scrip has touched an intra-day high of Rs 1,889.60 and low of Rs 1,870.50. The total volume of shares traded at the BSE is 901.In the earlier session, the shares climbed 0.02%, or Rs 0.45, at Rs 1,896.90. Currently, the stock is trading down 9.63% from its 52-week high of Rs 2,074.80 and above 49.41% over the 52-week low of Rs 1,254.90.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,870.15 26.75 1.43 1 Month 1,918.40 (21.50) (1.12) 3 Months 1,958.50 (61.60) (3.15) 6 Months 1,739.05 157.85 9.08 1 Year 1,422.60 474.30 33.34 Note: Based on previous day closing price.