Norben Tea & Exports Reaches 52-Week High Amid Strong Market Activity and Growth
Norben Tea & Exports has experienced significant activity today, reaching a new 52-week high of Rs. 33.24. This milestone was achieved on February 12, 2025, marking a notable moment for the microcap company in the tea and coffee industry. The stock has shown impressive performance, outperforming its sector by 4.89% today alone.Over the past 12 days, Norben Tea has demonstrated a strong upward trend, with a remarkable 38.15% increase in returns during this period. The stock opened with a gap up of 4.99%, reflecting positive momentum. Throughout the trading session, it reached an intraday high of Rs. 33.24, showcasing robust market activity.
In terms of technical indicators, Norben Tea is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. Over the past year, the company has delivered an impressive 171.79% return, significantly outpacing the Sensex, which has seen a modest increase of 6.57%. This performance highlights Norben Tea & Exports' position in the market and its recent growth trajectory.
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