ACC Cement Stock Hits 52-Week Low Amid Sustained Downward Trend and Sector Underperformance

Feb 18 2025 11:53 AM IST
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ACC, a key player in the cement sector, has reached a new 52-week low, reflecting ongoing challenges with a significant decline over the past year. The stock is trading below multiple moving averages, highlighting a persistent downward trend, while its performance contrasts with the broader market's positive returns.
ACC, a prominent player in the cement industry, has experienced significant activity today, reaching a new 52-week low of Rs. 1820.15. This decline marks a notable moment for the stock, which has underperformed its sector by 2.2%. Throughout the trading session, ACC touched an intraday low of Rs. 1820.15, reflecting a decrease of 4.76%.

In terms of moving averages, ACC is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. Over the past year, the stock has faced challenges, with a performance decline of 32.26%, contrasting sharply with the Sensex, which has seen a positive return of 4.62%.

As ACC navigates these market conditions, the focus remains on its operational performance and market positioning within the cement industry. Investors and market observers will be keen to monitor how these trends evolve in the coming days.
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