Andhra Paper Hits 52-Week Low Amidst Significant Market Challenges and Volatility

Jan 13 2025 09:35 AM IST
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Andhra Paper's stock has reached a new 52-week low, reflecting a significant downturn and underperformance compared to its sector. The stock has declined over the past four days and exhibits high volatility. Additionally, it is trading below multiple moving averages, indicating a bearish trend in its performance.
Andhra Paper has reached a new 52-week low, with its stock price dropping to Rs. 90 on January 13, 2025. This decline highlights a significant downturn for the company, which has underperformed its sector by 0.89% today. Over the last four days, the stock has seen a total decline of 4.11%, indicating a challenging trading environment.

The stock's high volatility is notable, with an intraday volatility rate of 65.65%, reflecting substantial price fluctuations during the trading session. Furthermore, Andhra Paper is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing a bearish trend in its performance.

In terms of longer-term metrics, Andhra Paper has experienced a decrease of 23.45% over the past year, contrasting sharply with the Sensex, which has gained 5.77% during the same timeframe. These factors underscore the ongoing challenges faced by Andhra Paper in the current market landscape.
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