Norben Tea & Exports Ltd Shows Strong Performance Amid Broader Market Decline

Jun 02 2025 11:00 AM IST
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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.
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