Stock Radar: Down over 30% from November highs! This cement stock is a contra buy at current levels

Stock Radar: Down over 30% from November highs! This cement stock is a contra buy at current levels

UltraTech Cement, part of the S&P BSE Sensex index, has fallen over 35 per cent from its November 2021 highs, effectively putting the stock in a bear grip, but technical indicators suggest the possibility of a technical bounce back in the short term. The cement major hit a 52-week high of Rs 8267 on 8 … Read more