Norben Tea & Exports Ltd Hits All-Time High, Gains 5% Today Amid Strong Buying Activity

Norben Tea & Exports Ltd is witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by 0.68%. Over the past week, Norben Tea has shown a remarkable increase of 15.96%, compared to the Sensex's modest gain of 0.50%. The stock's performance over the last month stands at 13.77%, while the Sensex has only increased by 5.42%. Notably, in the last three months, Norben Tea has surged by 82.73%, significantly outpacing the Sensex's 4.08% rise.
Today, the stock opened with a gap up of 5% and reached an intraday high of Rs 60.3, marking a new 52-week and all-time high. The stock has been on a consistent upward trajectory, gaining for six consecutive days and accumulating a total return of 17.22% during this period. Additionally, Norben Tea is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The stock's performance has outstripped its sector by 4.14%, reflecting robust buyer sentiment in the market.