UltraTech Cement drops ahead of Q4 results

Meanwhile, the S&P BSE Sensex was up 114.48 points or 0.6% at 19,130.94

On BSE, 4,861 shares were traded in the counter as against average daily volume of 10,346 shares in the past one quarter.

The stock hit a high of Rs 1,928 and a low of Rs 1,861 so far during the day. The stock had hit a record high of Rs 2,074.80 on 12 October 2012. The stock had hit a 52-week low of Rs 1,254.90 on 4 May 2012.

The stock had outperformed the market over the past one month till 18 April 2013, rising 1.46% compared with the Sensex's 1.43% fall. The scrip had also outperformed the market in past one quarter, rising 0.92% as against Sensex's 5.10% fall.

The large-cap cement maker has equity capital of Rs 274.18 crore. Face value per share is Rs 10.

UltraTech Cement announces Q4 and full year ended 31 March 2013 (FY 2013) results today, 22 April 2013. UltraTech Cement's net profit fell 2.6% to Rs 600.81 crore on 6.4% growth in net sales to Rs 4857.40 crore in Q3 December 2012 over Q3 December 2011.

UltraTech Cement manufactures and markets ordinary portland cement, portland slag cement and portland pozzalana cement, ready mix concrete (RMC), white cement, building products and offers building solutions. UltraTech has plants spanning India, UAE, Bahrain, Bangladesh and Sri Lanka. The company is the largest manufacturer of white cement in India.

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