UltraTech Cement shares jump nearly 3% after earnings announcement

The leading cement producer had posted a net profit of Rs 1,584.58 crore in the October-December quarter a year ago.

New Delhi: Shares of UltraTech Cement Ltd on Monday jumped nearly 3 per cent after the firm reported a 7.92 increase in consolidated net profit for the December quarter.

The stock gained 2.78 per cent to settle at Rs 7,867.90 on BSE. During the day, it jumped 3.82 per cent to Rs 7,947.90.

On NSE, shares of the company gained 2.73 per cent to settle at Rs 7,870.10 apiece.