Norben Tea & Exports Ltd Shows Strong Performance Amid Broader Market Decline
Norben Tea & Exports Ltd experienced notable trading activity today, reaching its upper circuit limit with a significant price increase. The stock outperformed its sector while the broader market declined. Despite strong performance, investor participation decreased, indicating a drop in delivery volume compared to recent averages.
Norben Tea & Exports Ltd, a microcap player in the FMCG sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 38.23, reflecting a notable increase of 1.82, or 5.0%, from its previous close. The price band for the day was set at 5%, indicating strong upward momentum.Throughout the trading session, the stock recorded a low of 34.75, with a total traded volume of approximately 0.02129 lakh shares and a turnover of around 0.0081 crore. Notably, Norben Tea & Exports outperformed its sector by 4.78%, while the broader market, represented by the Sensex, experienced a decline of 0.53%.
In terms of moving averages, the stock is currently above its 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average. However, it is worth noting that investor participation has decreased, with delivery volume dropping by 85.9% compared to the 5-day average.
Overall, Norben Tea & Exports Ltd's performance today highlights its strong position within the FMCG sector, marked by a significant price increase and solid trading activity.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
