Recent Price Movement and Market Performance
On 08 December, Andhra Sugars closed at ₹73.24, down ₹2.15 or 2.85% from the previous session. This decline marks the fourth consecutive day of losses for the stock, which has cumulatively fallen by 6.25% over this period. Intraday trading saw the share price dip to a low of ₹73.05, reflecting a 3.1% drop within the day. The stock's performance today also lagged behind its sector, underperforming by 0.93%, signalling a broader weakness in investor sentiment towards the company.
Technical Indicators Point to Continued Weakness
Andhra Sugars is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a bearis...
Read More











