News and Views
Recent Price Movement and Market Context
On 09-Jan, Andhra Sugars Ltd closed at ₹72.00, down by ₹0.26 or 0.36%. This decline continues a short-term downward trend, with the stock having fallen nearly 3% over the past two days. Over the last week and month, the stock has underperformed the broader market, registering losses of 4.95% and 5.25% respectively, compared to the Sensex’s more moderate declines of 2.55% and 1.29% over the same periods. Year-to-date, the stock is down 4.72%, again lagging the Sensex’s 1.93% fall. The longer-term picture is more stark, with the stock down 23.44% over the past year, while the Sensex has gained 7.67%. Over three and five years, the divergence is even more pronounced, with Andhra Sugars falling 44.29% over three years and only modestly ris...
Read full news article
