Recent Price Movement and Sector Context
On 08 December, Andhra Paper’s shares touched an intraday low of ₹64.74, down 3.29% from previous levels. The stock’s decline is broadly in line with the Paper & Paper Products sector, which itself has fallen by 2.24% on the same day. Notably, Andhra Paper is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum. Investor participation has also waned, with delivery volumes on 05 December dropping by over 38% compared to the five-day average, indicating reduced buying interest.
Long-Term Underperformance Against Benchmarks
Andhra Paper’s stock has significantly underperformed the broader market indices over multi...
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