Saurashtra Cement Jumps 9 per cent After Four-Day Losing Streak

01 Aug 2025 CW Team

Saurashtra Cement saw a sharp rise on 29 July 2025, gaining 9.16 per cent after four consecutive days of decline. The stock touched an intraday high of Rs 110.99, reflecting a peak gain of 9.21 per cent.

Marked by significant intraday volatility of 6.71 per cent (based on weighted average price), the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages—signalling a bullish short-term trend.

In broader market developments, the Sensex rebounded from a weak opening, recovering 717.70 points to trade at 81,337.95—a 0.55 per cent rise. Although the Sensex has declined 1.41 per cent over the past three weeks, small-cap stocks are driving today’s rally, with the BSE Small Cap index gaining 1.1 per cent.

Over the past month, Saurashtra Cement has significantly outperformed the benchmark index, posting a 16.91 per cent gain compared to the Sensex’s 3.24 per cent drop.

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