Norben Tea & Exports Ltd Shows Resilience Amidst Broader Market Declines

Jun 03 2025 10:00 AM IST
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Norben Tea & Exports Ltd experienced notable trading activity today, reaching its upper circuit limit. The stock outperformed its sector and the broader market, maintaining performance above several moving averages. Despite a decline in delivery volume, the stock's liquidity remains sufficient, showcasing its resilience in a challenging environment.
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 39.9, reflecting a positive change of 1.0, or 2.63%, from its last traded price of 39.0. This performance outpaced the sector, which recorded a 1D return of -0.45%, while the broader Sensex fell by 0.23%.

The stock's price band is set at 5%, indicating a robust trading environment. Today's trading volume stood at 0.0143 lakhs, with a turnover of approximately 0.00559 crore. Notably, Norben Tea & Exports has maintained performance above its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average.

Despite a decline in delivery volume, which fell by 54% against the 5-day average, the stock's liquidity remains adequate for trading. Overall, Norben Tea & Exports Ltd's performance today highlights its resilience in the market, particularly in a challenging sector environment.
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