Andhra Cements Stock Hits Upper Circuit Limit with Intraday High of Rs 83.84

Andhra Cements Ltd, a player in the Cement & Cement Products industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 83.84, reflecting a 5% increase from its previous trading session. This performance is notable as it outperformed its sector by 3.47%, with a 1D return of 3.33%.
The stock opened with a gain of 3.27% and has been on a positive trajectory, gaining for the last four consecutive days, resulting in an impressive 18.37% increase over this period. The total traded volume today was approximately 0.34777 lakh shares, with a turnover of Rs 0.2903 crore.

Andhra Cements is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the delivery volume has surged by 217.35% compared to the 5-day average, suggesting rising investor participation.

In summary, Andhra Cements Ltd has demonstrated robust performance today, marked by significant price movement and increased trading activity, reflecting its current market position within the microcap segment.