Andhra Paper Soars 7% to Day High of Rs 83.5 on Strong Intraday Performance

Oct 03 2025 02:31 PM IST
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Andhra Paper experienced notable trading activity on October 3, 2025, with a significant intraday high and a strong upward trend over the past four days. The stock is outperforming its sector and is trading above multiple moving averages, showcasing robust short-term momentum amid broader market fluctuations.
Andhra Paper has shown significant activity today, gaining 7.0% on October 3, 2025. The stock reached an intraday high of Rs 83.5, reflecting a 5.67% increase during the trading session. This performance marks a notable outperformance against its sector, which has risen by 4.14%.

Over the past four days, Andhra Paper has demonstrated a consistent upward trend, accumulating a total return of 9.91%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term momentum.

In the broader market context, the BSE Small Cap index is leading with a gain of 0.82%, while the Sensex has shown a modest recovery after a negative opening, currently trading at 81,007.05. Despite the overall market fluctuations, Andhra Paper's recent performance highlights its resilience within the paper, forest, and jute products industry.
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