Norben Tea & Exports Ltd Stock Hits Upper Circuit with Intraday High of Rs 63.32
Norben Tea & Exports Ltd, a microcap player in the FMCG sector, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 63.32, reflecting a notable change of Rs 3.01, or 4.99%, from its previous close. This performance comes as the stock traded within a narrow range, opening at Rs 65.15 and touching an intraday low of Rs 65.15, indicating a lack of price fluctuation throughout the day.Despite the day's volatility, with an intraday volatility rate of 566.84%, Norben Tea has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The total traded volume was approximately 0.01791 lakh, contributing to a turnover of Rs 0.01134 crore. Notably, the stock is just 2.04% away from its 52-week high of Rs 66.48, suggesting a strong market position.
In summary, Norben Tea & Exports Ltd's performance today highlights its ability to maintain a stable price point amidst market fluctuations, reflecting ongoing investor engagement in the stock.
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