Andhra Cements Faces Selling Pressure Amid Notable Price Decline and Market Shift

Sep 08 2025 01:50 PM IST
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Andhra Cements Ltd is experiencing notable selling pressure, with its stock declining after six days of gains. Despite a strong performance over the past week and month, today's downturn reflects a shift in market sentiment, possibly due to profit-taking after reaching a new 52-week high.
Andhra Cements Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline of 4.99% in its share price, contrasting sharply with the Sensex, which has gained 0.37%. This downturn marks a trend reversal after six consecutive days of gains, indicating a shift in market sentiment.

Over the past week, Andhra Cements has performed well, with a 12.91% increase, but today’s performance highlights a stark contrast. The stock opened with a gain of 4.99% but quickly fell to an intraday low of Rs 99.36, reflecting high volatility with an intraday fluctuation of 6.37%. Despite today's losses, the stock has shown impressive performance over longer periods, including a 58.67% increase over the past month and a staggering 1195.44% rise over the past three years.

The selling pressure may be attributed to profit-taking after the recent highs, as the stock reached a new 52-week high of Rs 109.8 earlier today. Additionally, the stock has underperformed its sector by 5.72%, further contributing to the current selling trend.
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