UltraTech Cement Shares See Rs. 20.49 Crore Block Trade on NSE
A significant block trade of approximately 17,486 shares of UltraTech Cement Ltd. occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 11,718.00 per share, totaling Rs. 20.49 crore. This large trade highlights the ongoing interest in UltraTech Cement's shares among major market participants.

*this image is generated using AI for illustrative purposes only.
In a significant market development, UltraTech Cement Ltd. , one of India's leading cement manufacturers, witnessed a substantial block trade on the National Stock Exchange (NSE). The transaction, which occurred recently, involved approximately 17,486 shares of the company changing hands.
Block Trade Details
The block trade was executed at a price of Rs. 11,718.00 per share, resulting in a total transaction value of Rs. 20.49 crore. This sizeable trade underscores the continued interest in UltraTech Cement's shares among institutional investors and large market participants.
Market Implications
Block trades of this magnitude often attract attention from market analysts and investors alike. They can sometimes indicate a shift in institutional holdings or reflect large investors' views on a company's prospects. However, it's important to note that the motivations behind such trades can vary and may not necessarily signal a change in the company's fundamentals.
About UltraTech Cement
UltraTech Cement Ltd. is a flagship company of the Aditya Birla Group and is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India. With its wide-ranging product portfolio and strong market presence, UltraTech Cement plays a crucial role in India's construction and infrastructure sectors.
While this block trade represents a significant transaction, investors and market participants are advised to consider it in the broader context of the company's overall performance and market conditions. As always, it's recommended to conduct thorough research and consult with financial advisors before making investment decisions based on market movements.
Historical Stock Returns for UltraTech Cement
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.62% | +2.21% | -0.47% | +2.14% | +7.86% | +204.43% |