Andhra Cements Ltd Shows Resilience Amid Mixed Long-Term Performance Indicators

Apr 02 2025 10:00 AM IST
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Andhra Cements Ltd, a microcap in the cement sector, reached its upper circuit limit today, reflecting strong market activity. The stock saw significant trading volume and turnover, outperforming its sector. Despite a decline in delivery volume, it demonstrated resilience amid mixed longer-term performance indicators.
Andhra Cements Ltd, a microcap player in the cement industry, has shown significant activity today, hitting its upper circuit limit with a high price of 54.05. The stock experienced a notable change of 3.43, reflecting a percentage increase of 6.98. The last traded price stood at 52.57, indicating strong performance in the market.

Throughout the trading session, Andhra Cements recorded a total traded volume of approximately 0.51175 lakh shares, resulting in a turnover of around Rs 0.268 crore. The stock has outperformed its sector by 2.12%, marking a positive trend as it has gained 7.86% over the last two days. However, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a mixed performance in the longer term.

Despite a decline in delivery volume, which fell by 75.28% against the 5-day average, the stock remains liquid enough for trades of Rs 0.02 crore. Overall, Andhra Cements Ltd's performance today highlights its resilience in a challenging market environment.
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